Jordanians’ remittances went up by 4.1 per cent until the end of March, standing at $550.1 million, up from $528.6Read more
Money sent into the country by Kenyans living abroad grew by 10 percent last year to Sh110.9 billion from Sh100.6 billion in 2012, with the United States remaining the lead source for Kenya’s inflows.According to latest data by Central Bank of Kenya (CBK) average monthly inflows remained resilient increasing to Sh9.2 billion last year from Sh8.3billion in 2012.Read more
Foreign remittance by expats in Saudi Arabia reached SR148 billion ($14.7 billion) last year, up 18 per cent compared to 2012, said a report.
Personal foreign remittances of Saudis and expats reached SR226.6 billion in 2013, up 16.5 per cent compared to 2012, the highest in 20 years, said the Arab News report.Read more
By: Shoaib-ur-Rehman Siddiqui
The overseas Pakistan had sent US $ 55.01 billion from the financial year 2008-09 to 2012-13, said Ministry of Overseas Pakistanis and Human Resource Development.
According to the ministry’s document, the remittances had shown a growth ratio of 5.56 percent during the financial year 2012-13 as compared with 2011-12.Read more
Mexico’s central bank says the amount of money Mexican migrant workers sent home to their families fell by 3.75 percent in 2013, as compared to the previous year.
The remittances are mainly sent from workers living in the United States.Read more
Data from the Bank of Albania showed that the remittances fell by 23 percent in 2013, according to ATA on Wednesday.The Albanian central bank said the fall in money transfer Albanians working abroad send home to support their families is directly attributed to the ongoing economic crisis.Read more
Remittances by Zimbabweans in the Diaspora sent through money transfer agencies and formal banking channels declined by 15 percent last year to $1.8 billion, the country’s central bank has announced.
Zimbabwe has a strong skilled and non-skilled diaspora population mainly in South Africa, the United Kingdom, Canada, Australia and the United States who regularly send money back home to sustain their families.Read more