DIASPORA REMITTANCES COLLAPSE
The Zimbabwe Coalition on Debt and Development (ZIMCOD) has
said it forecast a drop in remittances by Zimbabweans working outside the
country due to a global economic downturn as a result of the coronavirus.
In 2019, Zimbabwe received US$635 milli…
The Zimbabwe Coalition on Debt and Development (ZIMCOD) has
said it forecast a drop in remittances by Zimbabweans working outside the
country due to a global economic downturn as a result of the coronavirus.
In 2019, Zimbabwe received US$635 million in remittances,
representing a 2.6 percent increase from US$619.25 million in 2018.
With a diaspora population of over three million, as