Diaspora remittances drop by one trillion shillings

Ugandan migrant workers sent home $1.1b (about sh3.8trillion) in 2020, down from $1.4b (about sh4.9trillion) in 2019, representing a 26% fall, according to a recent study by the International Fund for Agricultural Development (IFAD).

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Diaspora remittances drop by one trillion shillings
By NewVision Reporter
Journalists @NewVision
#VisionUpdates #Business #Migrant workers #Diaspora

Remittances from Ugandans in the diaspora fell by over one trillion shillings in 2020 compared to the previous year, a new report reveals.

Ugandan migrant workers sent home $1.1b (about sh3.8trillion)

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