Dr. Cassiel Ato Forson
France has officially granted a debt relief to Ghana following the country’s external debt restructuring programme.
The bilateral agreement which was signed between the two countries after the 2025 midyear budget review, makes France the first country within the Paris Club to support Ghana’s debt relief efforts after the COVID 19-pandemic.
Minister of Finance, Dr. Cassiel Ato Forson thanked officials of France for the support after the signing ceremony, and appealed to other countries to provide Ghana with similar support considering the economic gains the country has made in recent times.
“Today is a milestone, a milestone in the sense that it has taken us some time to get here. But it is the most significant one which will pave the way for others to also emulate the steps taken by France in signing this bilateral agreement,” he said.
“We expect to complete the process as soon as possible so that Ghana will breathe again,” he stated.
According to Dr. Ato Forson the economy is recovering despite the challenges post inflation.
The ceremony hosted the French ambassador to Ghana, Jules Armand Aniambossou as well as the co-chair of the official creditors committee and the Secretary General of the Paris Club, William Roos.
The French Ambassador said the action taken by France signifies the healthy relations that exist between the two countries.
He said, “We have to learn to work together. We have to progressively build a strong trust between France, China and the G20 and Paris Club members.”
“This decision was taken to recognise the relationship between the two countries. When your friend or family is facing difficulties, you have to show that you are there for them and take some key actions. This day is also crucial because it enables Ghana to continue its financial recovery,” he added.
By Ebenezer K. Amponsah