Migrants sent $605 bn home in 2021, more by mobiles: UN
Global remittances rose 8.6 percent compared to 2020 and are projected to grow to $630 billion in 2022, according to the International Fund for Agricultural Development (IFAD).
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Migrants sent $605 bn home in 2021, more by mobiles: UN
NewVision Reporter
@NewVision
Migrant workers sent home an estimated $605 billion to low- and middle-income countries last year, a UN study said Thursday, boosted by an increase in payments sent via mobile phones.
Global remittances rose 8.6 percent compared to 2020 and