Banking

Diaspora Bond on course for 2021

Finance Minister, Ken Ofori Atta says the idea to raise funds from the diaspora for the development of the country is on course.

According to him, the move is part of government plans for next year.

He explained that raising such funds will facilitate government’s capital expenditure investments that seeks to accelerate economic growth.

Mr. Ofori-Atta made the disclosure to Joy Business after addressing the first Diaspora Business Breakfast meeting in Accra.

“We have to look out for other innovative ways of raising funds and initiatives like the green bonds; diaspora bonds will be going to parliament for clearance, then we can issue it” he noted.

The meeting organised by the Ghana Investment Promotion Centre is aimed at engaging Ghanaian returnees and other nationals hoping to establish their business presence in Ghana.

Chief Executive of the GIPC, Yofi Grant hinted that the ongoing work on the draft diaspora policy will promote a serene business environment for multinational corporations into the country.

The meeting under the theme “Creating Connections, Building Ghana together is the first of platforms by the GIPC to engage the diaspora community on business opportunities in Ghana