Urgent call to head off new debt crisis in developing world
Covid-19 crisis is raising borrowing costs for poorer nations just as commodity exports, tourism and remittances sent home fall Rapid
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Markets
Hungry, stranded and broke: Coronavirus travel bans hit migrant workers
Dinesh Bhandari spent two days travelling by bus from his village in rural Nepal to Kathmandu to get a permit
Read moreMigrants and the Impact of the COVID-19 Pandemic on Remittances
This analysis by the Migration, Remittances and Development Program at the Inter-American Dialogue offers a glimpse of the potential impact
Read moreSecretary-General virtual press encounter on COVID-19 CRISIS
We are facing a global health crisis unlike any in the 75-year history of the United Nations — one that
Read moreZimbabwe’s central bank has shut down the use of mobile money for cash transactions
Mobile money is fast blossoming in Africa, boosted by rising mobile adoption across the continent, but in Zimbabwe—which is battling
Read moreRemittance and migration trends within Africa
Africa has one of the world’s most mobile populations, and African nations account for a large and growing slice of
Read moreStrong growth recorded in outward remittances
Outward remittances grew significantly by 23.3 per cent to RM40.64 billion last year from RM33 billion in 2017, said Bank
Read more#Africa Fintech can cut remittance costs to a fraction
One of the most attractive uses for fintech is in enabling overseas remittances. A total of 19 African countries rely
Read moreRemittances power progress towards Sustainable Development Goals
Remittances to developing markets to hit USD 6.5 trillion in the 2015-2030 period Remittances to developing markets have proved to
Read moreMarket developments in the global remittances industry
The blueprint of the global economy and trans-national trade works in a clear cut pattern, which we have been familiar
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