Page 16 - Development Brief News Today

The biggest growth in remittances flow into Pakistan came primarily from Saudi Arabia followed by the EU and the UAE.

The country exported 1.1 million tonnes of rice for 606 million USD in the first quarter of the year, down 30.4 percent and 17.4 percent, respectively, against the same period last year, according to the Ministry of Agriculture and Rural Development. The two largest buyers of Vietnamese rice in the reviewed period remained China and the Philippines. Despite the fall in volume, rice export prices jumped from January to March on account of high demand for food reserves around the world, said Tra...

DESPITE the novel coronavirus pandemic, remittance flows remained resilient in 2020, regi...

Update: May, 15/2021 - 07:51 |   Vietnamese abroad sent US$17.2 billion worth of remittance in 2020, making Việt Nam among top remittance recipients in the world. — Photo vneconomy.vn HÀ NỘI — Vietnamese abroad sent home US$17.2 billion worth of remittances in 2020, making Việt Nam the third-largest remittance recipient in the East Asia and Pacific region, according to the Migration and Development Brief released early this week by the...

Story highlights India remains the world`s top recipient of remittances in total value, a status it reached in 2008, according to the brief Kerala has been hit hard by the drop in remittances from the Gulf countries from where about 1.2 million workers returned to the state due to the Covid-driven layoffs, according to the World Bank. Overall, the total remittances from Indian workers abroad was $8.3 billion in 2020, a drop of only 0.2 per cent from the previous year, the Bank`s Migration and D...

Remittance inflows to Nigeria reduced 28% in 2020 – World Bank “The decline in flows to Sub-Saharan Africa was almost entirely due to a 28 per cent decline in remittance flows to Nigeria." 3 min read The World Bank says remittance inflows to Nigeria declined by 28 per cent in 2020 because of COVID-19 pandemic. The bank also said remittance flows fell for Sub-Saharan Africa by 12.5 per cent, according to its Migration and Development Brief 33 Phase 11 entitled: “COVID-19 Cr...

Read more about Kerala hit hard by drop in remittances as 1.2 mn workers return: World Bank on Business Standard. Kerala has been hit hard by the drop in remittances from the Gulf countries from where about 1.2 million workers returned to the state due to the Covid-driven layoffs, according to the World Bank

 (AFRICAN EXAMINER) – The World Bank says remittance inflows to Nigeria declined by 28 per cent in 2020 because of COVID-19 pandemic. The Bank also said remittance flows fell for Sub-Saharan Africa by 12.5 per cent, according to its Migration and Development Brief 33 Phase 11 entitled: “COVID-19 Crisis Through a Migration Lens’’ published on Thursday. The report said the decline in remittance flows to Nigeria was largely responsible for the fall in remittance flows to Sub-Saharan Afric...

Kerala worst-hit as 1.2M Gulf workers returned to the state in the aftermath of Covid-driven layoffs

Representative image | Photo: Pics4news United Nations: Kerala has been hit hard by the drop in remittances from the Gulf countries from where about 1.2 million workers returned to the state due to the Covid-driven layoffs, according to the World Bank. Overall, though, the total remittances from Indian workers abroad was $8.3 billion in 2020, a drop of only 0.2 per cent from the previous year, the Banks Migration and...