Global Forum on Migration and Development
Published on the Global Forum on Migration and Development Web Portal (https://www.gfmd.org)


Date Shared: 
Tuesday, January 28, 2014 - 16:30
Title: 

Diaspora Financial Bonds

Countries and areas: 
Ghana
Partner(s): 
National Government of Ghana
Thematic Area: 
Diasporas, Policy coherence and mainstreaming, Remittances
Tags: 
Migration, Trade and Investments, Diaspora Empowerment and Engagement, Mainstreaming Migration into Development Planning
Summary: 

In order to assist the Government in financing development, Financial Bonds have been offered targetting the Diaspora. The Ministry of Finance has been working with the Bank of Ghana to reduce the cost of remittances while enhancing its use for investment (as opposed to mainly for consumption). Currently, there is a World Bank project being coordinated by the Ministry of Finance and Economic Planning looking at remittances in Ghana.

GFMD Source: 

GFMD 2013-2014 GFMD Survey Report

Link: 

For more information:

  • http://www.sciedupress.com/journal/index.php/ijfr/article/view/15628

Source (retrieved on 04/15/2026 - 13:12): https://www.gfmd.org/pfp/ppd/1590