Georgetown launches a diaspora bond, inviting Guyanese abroad to fund public infrastructure

As Guyana marked 60 years of independence, President Irfaan Ali announced a new diaspora bond letting Guyanese abroad invest directly in public infrastructure projects. The government has not yet published the bond’s size, expected returns, or eligibility rules, saying those details will follow shortly. The move formalises a channel long filled informally by remittances, giving overseas nationals a stake in an economy the IMF still ranks among the world’s fastest-growing on oil revenue. For diaspora readers weighing whether to participate, the practical questions are the return on offer, the currency of repayment, and how proceeds will be ring-fenced — all still to be confirmed.

Source: The Voice (voice-online.co.uk), reporting President Ali’s independence-day announcement; Guyana Business Journal.