Slight increase in remittance inflows
Despite projections of a massive downfall in remittances due to the Covid-19 pandemic, encouraging signs are emerging that the downturn
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Development
Rural families and remittances decline
Rural families are the most affected by the Covid 19 pandemic as remittances continue to decline globally. International Fund for
Read moreLatin America risks losing its remittance lifeline
Under normal circumstances, Isaac Cubillan would have stayed home, a place he describes as having everything: beaches, beautiful landscapes and
Read moreDecline of Remittances Puts Rural Families at Risk
The economic impact of the COVID-19 pandemic has led to the loss of millions of jobs in the developed and
Read moreRemittances are being squeezed
Remittance flows – the funds migrant workers send to their families back home – are projected to make their sharpest
Read moreDiaspora Remittances & Post C-19 Recovery
According to the World Bank, remittance flows to Sub Saharan African countries will drop by 23.1% from $48 billion in
Read moreNepal’s remittance-dependent economy
Krishna, a 62-year-old farmer from an earthquake-ravaged village in Nepal, has only visited the Tribhuvan International Airport twice. The first
Read moreWorld’s Jobs Crisis Jolts Money Flows to Millions
(Reuters) – Carlos Sosa, a Salvadoran waiter in New York, used to send up to $500 a month back home
Read moreReducing costs to save livelihoods
The COVID-19 crisis is severely affecting migrants’ ability to send money home to their families. The World Bank predicts a
Read moreMTO: 4Years Of Digital Growth squeezed Into 2Months
Imagine that for the last twenty years you sent $200 cash home every two weeks using a local store with
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