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Ghana signs debt restructuring agreement with Belgium
Ghana has signed a debt restructuring agreement with the Kingdom of Belgium as part of efforts to restore the country’s economic stability after the financial crisis that hit the nation in 2022 and 2023.
The Minister of Finance, Cassiel Ato Forson, today disclosed that he signed the agreement on behalf of the Government of Ghana.
He explained that Ghana experienced a very difficult period during the crisis, which forced the government at the time to declare a debt default.
However, he indicated that the country is now recovering and witnessing a significant economic turnaround.
According to him, stronger systems are also being put in place to ensure that Ghana does not return to such a situation again.
Dr Forson noted that the agreement with Belgium is the eighth deal Ghana has concluded with countries under the Official Creditor Committee as part of its external debt restructuring programme.
He expressed appreciation to the Government of Belgium for its support and partnership with Ghana during the process.
The Finance Minister thanked Carole van Eyll, Ambassador of Belgium to Ghana, for her role in strengthening relations between the two countries.
The agreement forms part of Ghana’s broader effort to restructure its external debts and stabilise the economy following the crisis.
By: Jacob Aggrey
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![Dr.Newman [middle] being assited by Prof Abotsi [second from right] and Prof Acakpovi [left] to launched the Strategic Plan document photo Okai Elizabeth](https://spectator.com.gh/wp-content/uploads/2026/04/Dr.Newman-middle-being-assited-by-Prof-Abotsi-second-from-right-and-Prof-Acakpovi-left-to-launched-the-Strategic-Plan-document-photo-Okai-Elizabeth-80x80.jpg)
![Dr.Newman [middle] being assited by Prof Abotsi [second from right] and Prof Acakpovi [left] to launched the Strategic Plan document photo Okai Elizabeth](https://spectator.com.gh/wp-content/uploads/2026/04/Dr.Newman-middle-being-assited-by-Prof-Abotsi-second-from-right-and-Prof-Acakpovi-left-to-launched-the-Strategic-Plan-document-photo-Okai-Elizabeth.jpg)
THE Accra Technical University (ATU) on Tuesday officially launched its Strategic Plan for 2026–2030 in Accra, aimed at driving innovation and strengthening institutional capacity across key operational areas.
Speaking at the launch, Mr Humphrey Awuletey Williams, Chief Executive Officer (CEO) of Oswal Investments Limited, explained that the strategic plan seeks to respond to emerging challenges while positioning the institution as a forward-thinking leader in development.
He urged the university’s leadership to leverage their expertise to train students to be innovative and produce competitive products for both African and international markets.
According to him, employers increasingly demand competence-based human capital beyond academic certificates to drive development.
Mr Williams commended the Governing Council, Academic Board, Management, and other stakeholders for developing what he described as a ‘formative tool,’ and encouraged them to ensure its full implementation.
The Vice Chancellor of ATU, Mr Amevi Acapkvovi, emphasised that the strategic plan focuses on enhancing operational efficiency and strengthening stakeholder engagement.
“The strategic plan is not just a document, but a commitment to excellence, accountability and progress,” he said, adding that inclusivity is also central to the institution’s operations.
He outlined seven key focus areas of the plan: industry-based education; digital transformation and modernised infrastructure; quality assurance and institutional excellence; industry-driven research, innovation and entrepreneurship; staff development, motivation and welfare; strategic partnerships and increased visibility; and sustainable and green technologies.
Prof. Ernest Abotsi, stressed that the plan must not ‘gather dust’ but should be actively implemented to achieve success.
“Currently, ATU is adopting measures to assess the cost of running the institution, and this plan will serve as a guide to promote the university at every level,” he said.
Stakeholders present lauded the initiative, noting that its clear framework and measurable targets would help track progress and ensure transparency in the institution’s operations.
The university expressed confidence that, with support from partners and staff, the plan would significantly contribute to national development and set a benchmark for excellence in the sector.
The ceremony brought together stakeholders from government, traditional leadership, academia, industry, and civil society.
By Linda Abrefi Wadie
It was an exciting moment as hundreds of revellers from various parts of Accra trooped to the Independence Square beach in Osu to celebrate Easter.
Dressed in all kinds of beach costumes, parents were seen with their children having fun and enjoying the moment.
Others made the best of their outing by engaging in other fun activities.
The revellers engaged in games such as football, ampe, athletics while others just sat, relaxed to release stress amidst music provided by some revellers.
By Lizzy Okai
