Home
About
Contact
Register
Login
Generate
WhatsApp Message
*Diaspora remittances in first three months go down* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?sc In the first quarter Treasury bulletin released on Thursday, the Ministry of Finance revealed that diaspora remittances had gone down to $180, from $193 million in the corresponding period last year. The Ministry attributed the decline to a depressed global economy. Diaspora remittances are a major source of foreign currency for the country. Part of the bulletin reads: ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- > The decline in diaspora remittances is partly attributed to the sluggish performance of the global economy as well as errors and omission arising from conduct of remittances through informal channels However, the Ministry expects the remittances to pick up as it is projecting $1,2 billion in 2017 compared to $870 million in 2016. More: New Zimbabwe _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
Copy to clipboard
Feedback