Mahama backs bill to expand Diaspora role in governance, announces investment bond plan
President John Dramani Mahama has announced his readiness to assent to a proposed bill that will allow Ghanaians in the diaspora to fully participate in the country’s political administration.
Speaking during an engagement with the Ghanaian community in Philadelphia in the United States, President Mahama disclosed that the government is sponsoring and supporting a bi-partisan piece of legislation aimed at removing long-standing restrictions that limit diaspora involvement in governance.
He explained that once the bill is passed by Parliament, Ghanaians living abroad will no longer be required to renounce their foreign citizenship before participating fully in political activities in Ghana.
“This bill is about inclusion and fairness. It ensures that no Ghanaian, simply because they live abroad, is denied the opportunity to contribute to the governance of their own country,” he stated.
President Mahama also highlighted the critical role of the diaspora in national development, noting their significant contribution to Ghana’s economy through remittances and investments.
In addition, the president announced plans to introduce diaspora investment bonds as a new avenue for Ghanaians abroad to directly support development projects.
“We will be laying legislation before Parliament to allow members of the diaspora to invest in government bonds that will fund key development projects, while also earning competitive returns,” he said.
He added that the initiative is expected to be mutually beneficial, providing a secure and profitable investment opportunity for diaspora Ghanaians while mobilising much-needed capital for infrastructure and other priority sectors.
President Mahama further encouraged Ghanaians abroad to continue investing in the country, stressing that their participation remains vital to Ghana’s economic growth and transformation.
Source: classfmonline.com/Pearl Ollennu
Trending News

Ga Traditional Council announces one-month ban on drumming ahead of Homowo Festival
11:06
Class Media Group, Pepsodent organises dental screening to boost oral health awareness
14:06
YEA funding formula under scrutiny as CEO raises concerns before Parliamentary Assurance Committee
14:12
'Erasure begins with language': Mahama warns against distortion of slavery history at UN event
23:52
March 24: DVLA to enforce ban on 2025 DV plates and expired DP stickers from today
02:07
Ghana Police Service extends Eid-ul-Fitr greetings to Muslims
14:23
Telecel Ghana graduates 500 students in Digitech programme, ignites STEM passion among youth
11:58
OSP urges stronger compliance in insurance
13:52
Zohran Mamdani: NYC Mayor backs Ghana’s slavery justice push at African burial ground ceremony
15:08
Mahama calls Transatlantic Slave Trade a deliberate system to dehumanise Africans
23:16



