Bank of Uganda in Diaspora Bond move
In a move
that perhaps recognizes the economic clout that Ugandans living and
working abroad hold in Uganda’s economy today, Bank of Uganda together
with the United Nations Development Programme (UNDP) recently initiated a
feasibility study to find out if they (Ugandans) are willing to invest
in the Ugandan Diaspora bond.
A Diaspora bond refers to a financial instrument that targets potential investors who have emigrated to other countries.
The survey is intended to understand the capacity and constraints of the
Ugandan Diaspora to participate in national development through
investing in international Diaspora bonds.
No comments:
Post a Comment