The Minister of Finance, Dr. Cassiel Ato Forson, has successfully concluded official discussions with prominent Chinese financial stakeholders, which he characterizes as a “monumental step forward” in Ghana’s ongoing efforts to restructure its debt.
He stated that the high-level interactions with China’s Ministry of Finance, China Exim Bank, and significant financial and contractor creditors have resulted in substantial progress towards finalizing Ghana’s debt agreement.
“My visit to China has concluded, characterized by constructive and forward-looking discussions,” Dr. Forson remarked in a statement on his official Facebook page.
“These discussions signify a monumental step forward in our endeavors to bring closure to the debt restructuring process we have inherited.”
He emphasized that the mission was motivated not only by technical negotiations but also by a profound commitment to economic recovery and the welfare of the Ghanaian people.
“This mission was not merely about figures—it was about protecting the future of our economy and the well-being of every Ghanaian,” he stated.
Dr. Forson conveyed optimism regarding Ghana’s future, asserting that the nation is “steadily closing this challenging chapter in our economic history” and is on the verge of entering a new era characterized by stability, resilience, and inclusive growth.
“We will emerge stronger from this chapter in our history, and together, we will construct an economy that serves every citizen,” he concluded.
The Finance Minister’s discussions in China are part of broader initiatives to secure favorable terms from external creditors as Ghana strives to restore macroeconomic stability under its post-COVID recovery and IMF-supported program.
