DIASPORA REMITTANCES CRASH

DIASPORA remittances into Zimbabwe dropped by 11,4 percent
in 2018 to $619, 2 million from $699 million received in the prior year, the
Reserve Bank of Zimbabwe (RBZ) has said.

Diaspora remittances are a critical source of liquidity in
the economy…

DIASPORA remittances into Zimbabwe dropped by 11,4 percent in 2018 to $619, 2 million from $699 million received in the prior year, the Reserve Bank of Zimbabwe (RBZ) has said. Diaspora remittances are a critical source of liquidity in the economy with more families relying on the revenue stream for support from their loved ones who work outside the country. Presenting the 2019 Monetary