The Ghanaian Minister in charge of Finance, Dr. Cassiel Ato Baah Forson and the co-chair of the Official Creditors Committee (OCC), William Ross signed a historic bilateral agreement on 25 July 2025, a historic bilateral agreement within the common framework of the G20, marking a major step forward in the country's recovery process.

After two years of negotiations, Ghana has taken a crucial step in stabilizing its economy by reaching a bilateral debt relief agreement of 87.7 million euros, or 57.52 billion CFA francs, with France. It should be noted that France is the first bilateral creditor to implement its commitment within the framework of the Official Creditors Committee (OCC

This unprecedented agreement is part of the dynamic of restructuring the country's external debt, initiated with the support of the International Monetary Fund (IMF). The protocol provides for a rescheduling of deadlines and a significant reduction in the interests due to France. The aim is to give Accra fiscal space to relaunch its investments in strategic sectors