According to the Reserve Bank of Zimbabwe’s Monetary Policy Committee, which met last Friday, remittances accounted for 16% of the US$9.4 billion that came into the country in the 10 months to the end of October this year.
The MPC therefore recommended that the government should extend fiscal and non-fiscal incentives for FDI to diaspora investments in the country.
Below is the full MPC statement:
(55 VIEWS)
This post was last modified on December 5, 2023 1:05 pm
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