Displaying items by tag: US economy
Saturday, 17 June 2023 06:36
Remittances remain resilient, but are likely to shrink
Officially recorded remittance flows to low- and middle-income countries are estimated to grow by 1.4% to US$656 billion in 2023, while economic activity in remittance-sending countries is expected to slow, limiting employment and wage gains for migrants, according to the latest Migration and Development Review released today by the World Bank.
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Economy
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