The Minister of Finance, Dr Cassiel Ato Forson, has concluded talks with China to advance Ghana's debt restructuring process with its key and contractor creditors.

In a post shared on his X page at the end of his trip on Tuesday, July 1, 20205, as sighted by GhanaWeb Business, Dr Ato Forson confirmed holding final talks with China’s Ministry of Finance, China Exim Bank.

He said the talks are part of Ghana’s broader effort to resolve the debt challenges inherited from previous administrations.

“This mission was not just about numbers and negotiations, it was about safeguarding the future of our economy and the well-being of every Ghanaian,” he stated.

Ghana is currently in its final stages of restructuring its external debt to regain fiscal space and stabilise the economy.

The meetings in China represent a critical diplomatic and financial milestone in those efforts.

"We are steadily closing this difficult chapter in our economic history, and doing so with a solemn pledge; never again shall our people be subjected to such hardship," he added.

The minister however expressed optimism about Ghana’s economic outlook, saying the progress made during the mission gives Ghana a upper hand in its dealings.

"The progress we’ve made gives me great confidence that we are on the brink of a new era of stability, resilience, and inclusive growth. Ghana will rise stronger from this episode in our history, and together, we will build an economy that delivers for every citizen," he noted.

My trip to China has come to an end, marked by constructive and forward-looking engagements with China’s Ministry of Finance, China Exim Bank as well as our key financial and contractor creditors.

These discussions represent a monumental step forward in our efforts to bring… pic.twitter.com/7SBmv0ZlBj

— Cassiel Ato Forson (PhD) (@Cassielforson) July 1, 2025