New diaspora bond to be launched next week, President Ali says

As Guyana observed its 60th Independence Anniversary on Tuesday, President Dr Irfaan Ali announced that a new diaspora bond will be launched within a week.

President Ali told a press conference at the National Stadium, Providence, that the bond will allow members of the Guyanese diaspora to raise funds and invest in public infrastructure projects.

“Members of the diaspora, here is your opportunity to make your contribution and be part of a massive transformation in your country,” President Ali said.

Moments earlier, Barbadian Prime Minister Mia Mottley said she and President Ali are working towards creating the new “Trident Arrow Investment Fund”, which will allow citizens of both countries to invest in critical infrastructure and long-term national projects.

According to her, the fund will allow citizens to earn sound returns and become owners of projects in their respective countries.