On March 5, 2026, the Ministry of Finance Ghana announced that Ghana signed a bilateral debt restructuring agreement with Belgium as part of its external debt restructuring program initiated following the 2022–2023 financial crisis that led to partial default. The deal, concluded under the Official Creditor Committee framework, is the eighth bilateral agreement reached with creditor countries to stabilize public finances and restore investor confidence. Finance Minister Cassiel Ato Forson said the agreement represents a key milestone in completing Ghana’s external debt restructuring, and Belgium reaffirmed its support for Ghana’s economic recovery.
