{"id":30113,"date":"2026-05-26T20:02:56","date_gmt":"2026-05-27T00:02:56","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=30113"},"modified":"2026-05-26T20:07:32","modified_gmt":"2026-05-27T00:07:32","slug":"govt-to-launch-diaspora-bond-to-support-guyanas-infrastructural-development","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/govt-to-launch-diaspora-bond-to-support-guyanas-infrastructural-development\/","title":{"rendered":"Gov&#8217;t to launch diaspora bond to support Guyana&#8217;s infrastructural development"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p class=\"wp-block-paragraph\">-Guyana\/Barbados Investment Fund to also be launched <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Within one week, the government will launch  a special diaspora bond aimed at raising funds from overseas-based Guyanese for investment in major public infrastructure projects across the country.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">President Dr. Mohamed Irfaan Ali made the announcement during a press conference on Tuesday, on the occasion of Guyana&#8217;s Diamond Jubilee. He said the initiative is another avenue for Guyanese abroad to directly contribute to the country\u2019s ongoing transformation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>\u201cToday, I want to announce that the Government of Guyana will launch a special bond, a diaspora bond, to raise funds from the diaspora for investment in public infrastructure projects in Guyana,\u201d <\/strong><\/em>the President said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to President Ali, the initiative is expected to be rolled out within the next week as the administration seeks to deepen diaspora participation in national development efforts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Head of State said the bond will allow overseas Guyanese to play a more active role in supporting infrastructure expansion and modernization projects taking place throughout the country.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>\u201cSo, members of the diaspora, here is your opportunity to make your contribution and to be part of the massive transformation taking place in our country,\u201d <\/em><\/strong>President Ali added.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Additionally, stemming from Barbados&#8217; Prime Minister, Mia Amor Mottley&#8217;s visit to Guyana for the 60th Independence Anniversary, a Guyana\/Barbados Investment fund was announced.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mottley said the fund is intended to support medium to long-term investments in areas such as utilities, technology and agro-processing, while also giving citizens greater opportunities to build wealth and ownership.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>&#8220;We believe that this is the only way we can allow our citizens, certainly in Barbados\u2019 case, to be able to earn a return that is greater than what the banks are paying at 0.1 per cent in savings,\u201d <\/strong><\/em>she said, adding that inflation effectively reduces the value of citizens\u2019 savings over time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">She said the fund would also create greater economic ownership among citizens by allowing them to collectively invest in sectors that are often dominated by foreign investors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Prime Minister stressed that the proposed fund would not be political in nature and would instead operate under strict financial regulations and management structures.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>\u201cIt will be properly managed with all the proper prudential regulations and financial mechanisms and laws buttressing it,\u201d <\/em><\/strong>she said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>-Guyana\/Barbados Investment Fund to also be launched Within one week, the government will launch a special diaspora bond aimed at raising funds from overseas-based Guyanese for investment in major public&hellip;<\/p>\n","protected":false},"author":1,"featured_media":30116,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[361,363,350,367],"tags":[488,1035,370,1036,412,405],"class_list":["post-30113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-and-economy","category-national-transformation","category-news","category-one-guyana","tag-488","tag-diaspora","tag-guyana","tag-infrastructurw","tag-ncn-guyana","tag-ncn-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/30113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/comments?post=30113"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/30113\/revisions"}],"predecessor-version":[{"id":30115,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/30113\/revisions\/30115"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/30116"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=30113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=30113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=30113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}