Business News of Saturday, 4 January 2020Source: Myjoyonline.comGovt targets $3bn annually with launch of Diasporan investment accountKen Ofori-Atta, Finance MinisterThe Finance Ministry has launched an investment and savings account targeted at Africans in the Diaspora. Why is the government doing an investment account instead of a Diaspora bond? Ken Ofori-Atta noted the government was setting up the investment product because it did not require a rigid regulatory restriction to secure the necessary funds. The Minister added that the investment account presents a more flexible approach to securing the required funds from investors. She said it was welcome news that part of the funds from the investment account will be invested in tourism.

Source: GhanaWeb January 04, 2020 02:48 UTC