Tanzania diaspora remittances rise to $497.9m

The government is continuing to put in place a conducive environment aimed at attracting Tanzanians in the diaspora to participate in the economic development of the country. [iStockphoto]

Remittances from Tanzanians in the diaspora rose from $465.7 million in 2016 to $497.9 million in 2019, a cabinet minister said on Saturday.

"Tanzanians in the diaspora are hugely contributing to the country's economic development as the remittances keep on rising," Foreign Affairs and East African Cooperation Minister Liberata Mulamula told journalists in the capital Dodoma, quoting figures released by the Bank of Tanzania.