President John Mahama has assured bondholders that his government remains committed to honouring all financial obligations without default.
Speaking during his first State of the Nation Address (SONA) in his second term on Thursday, 27th February, he reaffirmed that every bondholder would receive their due payments in full.
His pledge comes amid concerns about the country’s debt restructuring and its impact on investors.
“My government will ensure that bondholders are paid to the last pesewa,” President Mahama declared.
He emphasised that financial commitments to investors would not be compromised, stating that restoring confidence in Ghana’s economy was a top priority.
He acknowledged the difficulties faced by many bondholders due to recent economic challenges and assured them that his administration would provide stability and certainty.
In addition to honouring debts, President Mahama promised the investor community that his government would implement measures to reset the Ghanaian economy for the benefit of all.
He stressed that creating a stable financial environment was key to attracting investments and fostering sustainable economic growth.
“We will reset this economy for the betterment of all,” he assured.
His commitment is expected to bring some relief to investors who have been anxious about delayed payments and the future of their investments.
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