Investigating the causal nexus between remittances and economic growth in Zimbabwean

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Remittances significantly drive economic growth in Zimbabwe, underscoring their importance as a stable income source.
A Granger causality test revealed that GDP does not influence remittances, with a P-value of 0.5158.
The study used annual time series data from 1980 to 2022 and employed diagnostic tests for methodological rigor.
Findings suggest that remittance inflows support household consumption, investment, and enhance financial development.

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This research demonstrates that remittances significantly drive economic growth in Zimbabwe, suggesting key implications for policy development.

Jonasi et al. (2025) studied this question.

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This research demonstrates that remittances significantly drive economic growth in Zimbabwe, suggesting key implications for policy development.