According to the Minister, the country will structure an investment to offer better rates than what depositors can make in countries such as the US, Ofori-Atta.
ADVERTISEMENT
Ghana expects its diaspora for $3 billion in investments
Ghana’s Finance Minister Ken Ofori-Atta has said that the government is targeting its diaspora to raise $3 billion in funding for economic development.
Finance Minister, Ken Ofori-Atta
The minister said they are in talks with the Bank of Ghana about the details of the proposal and plans to launch the program before the end of 2020.
He mentioned that the revenue they make from the plan will be used to build infrastructure and develop the agriculture and tourism industries.
The Akufo-Addo-led government has an agenda to boost development in all sectors especially economically ahead of elections scheduled for December 2020.
ADVERTISEMENT
The country’s 2020 budget allows for $3 billion in fresh offshore debt, including a possible sale of Eurobonds.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.com.gh
Recommended articles
How 1 woman became first lady of 2 different countries — she married 2 presidents
How parents, teachers can recognise when a child is being bullied
Ladies! Here are 5 things you shouldn't say to your man during sex
It's illegal to publicly celebrate your birthday in this country
Don't pay new transport fares - GPRTU and GRTCC urge Ghanaians
Reflo’s makes a splash at Madina market with product showcase and community engagement
Akufo-Addo will sign the anti-gay bill if it reaches his desk – Miracles Aboagye
400 acres of cocoa farms at risk due to MIGOP Mining Limited's exploration activities