Remittances on the Decline

The World Bank stated that remittances to developing countries have been declining for the past two consecutive years, a phenomenon which has not occurred in three decades.  Remittances to developing countries fell by 2.4% to $429bn while global remittances fell by 1.2% to $575bn.

Link: http://www.caribbeannewsnow.com/headline-Remittances-to-developing-countries-decline-for-second-consecutive-year-34223.html

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