Broke Gvt Diaspora Policy To Tax Diaspora Remittances,(U$1,8 Billion Annually) Which Is Higher Higher Than (FDI)

Broke Gvt Diaspora Policy To Tax Diaspora Remittances,(U$1,8 Billion Annually) Which Is Higher Higher Than (FDI)

The government has drafted a Diaspora policy, which seeks to tap into remittances that are estimated to be about $1,8 billion per annum. This comes as the importance of remittances has risen, as they are now generating more money than foreign direct investment (FDI). Speaking at a stakeholder engagement Workshop on a review of the Industrial Development Policy (IDP) yesterday in Harare, government consultant, Gibson Chigumira said the policy would govern how government could tap…

Read More