Why we need Diaspora development bonds Odhiambo Ocholla

By: Publication details: Nairobi The Standard Group Tuesday, January 13 2009Description: p.8 [Financial Journal], The Standard, January 13 2009Subject(s): Summary: Diaspora development bonds are long-dated securities, which a country has to redeem only upon maturity. They are a source of long-term foreign financing. In Kenya, if these resources are invested in productive activities, economic growth would accelerate and debt servicing capacity would rise.
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Diaspora development bonds are long-dated securities, which a country has to redeem only upon maturity. They are a source of long-term foreign financing.
In Kenya, if these resources are invested in productive activities, economic growth would accelerate and debt servicing capacity would rise.

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