Diaspora Remittances Critical for Covid-19 Recovery
Remittance flows to Sub Saharan African countries will drop by 23.1% from $48 billion in 2019 to $37 billion in 2020 in the wake of the Covid-19 economic crisis, according to the World Bank. Globally, the top remittance recipients’ countries, last year were, India ($79 bn), China ($67 bn), Mexico ($36 bn), the Philippines ($34…
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