Home Featured News Mahama thanks South Korea for forgiving Ghana’s debt

Mahama thanks South Korea for forgiving Ghana’s debt

Mahama's expression comes at a meeting with Ambassador Park Kyongsig of South Korea to discuss the invaluable support and investments that South Korea has committed to Ghana.

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The former President and Flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has expressed his gratitude for South Korea for forgiving Ghana’s debt.

Mahama’s expression comes at a meeting with Ambassador Park Kyongsig of South Korea to discuss the invaluable support and investments that South Korea has committed to Ghana.

During their meeting, Mahama expressed his profound gratitude to South Korea for forgiving Ghana’s debt, a move that according to him, will significantly bolster the country’s debt restructuring efforts amid challenging economic times.

“Our discussion delved into the $2 billion framework arrangement, a substantial investment that will significantly impact crucial sectors such as healthcare, education, environment, and agriculture,” Mahama said.

He noted that this arrangement, coupled with the introduction of new rice varieties, holds immense potential for enhancing food sufficiency in Ghana.

Mahama praised South Korea’s commitment to strengthening Ghana’s agricultural sector, acknowledging that it will undoubtedly make a substantial difference.

Mahama also shared with Ambassador Park the NDC’s plans to establish rice mills and Farmer Service Centres to further boost the agricultural sector.
This initiative is part of a broader strategy to ensure food security and support local farmers.

As Ghana prepares for upcoming elections, Mahama raised concerns about the independence of the Electoral Commission.

He urged South Korea and the international community to advocate for free and fair elections in Ghana, emphasizing the importance of electoral integrity.

“I urged South Korea and the international community to swiftly advocate for free and fair elections in Ghana, an issue of utmost importance,” Mahama stated.

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