Tanzanians in the diaspora remit Sh1.3 trillion in 2022: BoT

Dar es Salaam. The value of diaspora remittances rose by 60.52 percent, with the volume of inflows increasing by 20.41 percent, to reach 500,849 transactions worth Sh1.3 trillion, a 2022 Bank of Tanzania (BoT) report shows.

The increase is from 415,960 transactions and Sh837.33 billion recorded in 2021, respectively.