RBZ offers 10pct sweetener for diaspora remittances

New Zimbabwe writes: "

HARARE: The Reserve Bank of Zimbabwe (RBZ) has increased the Diaspora Remittance Incentive Scheme (DRIS) from 3 percent to 10 percent, in a bid to increase inflows.

Remittance constitute 28 percent of the $2,8 billion in foreign currency receipts between January and June according to governor John Mangudya in an earlier presentation, $784 million compared to $140 million in foreign direct investment (FDI) and $224 million in the form of external loans.


Read more at New Zimbabwe.

Letzte Änderung: Friday, 04-Aug-2017 07:20:07 CEST
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