Member of Parliament for Tano North Constituency, Dr Gideon Boako, has urged the Finance Minister to consider opening up the bond market to provide more investment opportunities.
He made this call while contributing to President Mahama’s State of the Nation Address (SONA) on Tuesday, March 4, in Parliament.
According to Dr Boako, opening up the bond market will enhance greater participation and create more structured avenues for investment in the country.
He cautioned that if this opportunity is not utilised effectively, liquidity in the economy may be misdirected into unregulated and potentially harmful financial activities.
“The Finance Minister should take advantage to open the bond market; otherwise, the liquidity will find its way into unwarranted places,” Dr Boako stated.
His remarks highlighted the need for proactive financial policies that would channel funds into productive sectors of the economy.
The Tano North legislator further emphasised that a well-structured bond market could attract both local and foreign investors, thereby fostering economic growth.
He urged the government to prioritise financial reforms that would stabilise the economy and create long-term investment opportunities for Ghanaians.
