Minister of Finance, Dr Cassiel Ato Forson has announced that Ghana has signed its seventh bilateral debt restructuring agreement, this time with the Czech Republic.

The deal was formalised on December 10, 2025, by Dr Cassiel Ato Forson, and René Jakl, Director of the Claims and Recoveries Department at the Export Guarantee and Insurance Corporation (EGAP), representing the Czech Republic.

Dr Forson expressed Ghana’s gratitude to the Czech government and people, highlighting the strengthening and long-standing relationship between the two countries.

René Jakl described the agreement as the start of a new chapter in bilateral cooperation, opening the door for future engagements and further support.

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“I signed Ghana’s seventh bilateral debt restructuring agreement with the Czech Republic, represented by René Jakl of EGAP. On behalf of the Government and people of Ghana, I conveyed our sincere appreciation for their continued cooperation. Jakl called the agreement a new chapter that will create opportunities for future support,” Dr Forson wrote on X.

The signing ceremony was attended by the Czech Republic’s Ambassador to Ghana, Pavel Bílek, along with officials from Ghana’s Ministry of Finance.

This agreement follows previous debt restructuring deals with China, Finland, and the United Kingdom, moving Ghana closer to completing the external component of its debt overhaul.

Other bilateral agreements include France, Spain, and Germany, bringing the total number of major creditor countries formally aligned with Ghana’s restructuring plan to seven.

The IMF has described these agreements as a significant step toward restoring debt sustainability and rebuilding investor confidence after years of fiscal challenges.

Read the post below:

Earlier today, I signed Ghana’s seventh bilateral debt restructuring agreement with the Czech Republic, represented by Mr. René Jakl, Director of the Claims and Recoveries Department at the Export Guarantee and Insurance Corporation (EGAP).

On behalf of the Government and people… pic.twitter.com/x9mHFTcyN8

— Cassiel Ato Forson (PhD) (@Cassielforson) December 10, 2025