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.