Displaying items by tag: middleincome countries
Friday, 02 February 2024 06:13
Remittance flows in 2024 to fall to 2.4%, according to the World Bank
The World Bank forecasts that remittance flows to low- and middle-income countries will slow to 2.4% in 2024, mainly reflecting slowing economic growth in several high-income countries.
Published in
Economy
Tagged under
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.
Published in
Economy
Tagged under