{"id":48893,"date":"2014-09-18T11:14:10","date_gmt":"2014-09-18T11:14:10","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=48893"},"modified":"2014-09-18T11:14:10","modified_gmt":"2014-09-18T11:14:10","slug":"government-to-reconsider-diaspora-bonds","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2014\/09\/government-to-reconsider-diaspora-bonds\/","title":{"rendered":"Government to reconsider diaspora bonds"},"content":{"rendered":"
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":[],"categories":[19],"tags":[4],"yoast_head":"\n