Finance minister, Seth Tekper has hinted to Citi Business News<\/b> that government will reconsider a move to issue diaspora bonds soon.<\/p>\n
A diaspora bond is issued at nationals who have moved outside their countries of origin.<\/p>\n
The plan for a diaspora bond has been on the table for some time but for some reasons has not seen the light of day.<\/p>\n
Ghana enjoys significant receipt of foreign exchange through remittances.<\/p>\n
This year alone, remittances into Ghana were about 692 million dollars at the end of May.<\/p>\n
The African Development Bank Group has also affirmed that issuing diaspora bonds may give Ghana a better alternative to donor funds which has had some issues lately.<\/p>\n
Speaking to Citi Business News, Seth Tekper said government will reconsider the move.<\/p>\n
\u201cUsually remittances are for capital projects to build houses. You know many people outside have their kids attending school here or they support others here. They do come\u201d, he said.<\/p>\n
\u201cAt a point in time we attempted to do a diaspora bond, it is something we will try and revisit\u201d, he added.<\/p>\n
<\/p>\n
By:\u00a0 Anim Kwaku Boadu\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"
Finance minister, Seth Tekper has hinted to Citi Business News that government will reconsider a move to issue diaspora bonds soon. A diaspora bond is issued at nationals who have moved outside their countries of origin. The plan for a diaspora bond has been on the table for some time but for some reasons has […]<\/p>\n","protected":false},"author":14,"featured_media":48907,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[19],"tags":[4],"class_list":["post-48893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-health","tag-st-augustines-college"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/48893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48893"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/48893\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/media\/48907"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}