Page 9 - Development Brief News Today

The Financial Technology (Fintech) industry has seen meteoric growth over the last two years in Ghana. In line with global trends, innovations democratizing traditional financial services on the back of technological advances continue to improve and automate financial service delivery, drive financial inclusion, and promote the delivery of varied new financial products…

The Financial Technology (Fintech) industry has seen meteoric growth over the last two years in Ghana. In line with global trends, innovations democratizing traditional financial services on the back of technological advances continue to improve and automate financial service delivery, drive financial inclusion, and promote the delivery of varied new financial products and services.

The FINANCIAL -- Remittances to low- and middle-income countries (LMICs) withstood global headwinds in 2022, growing an estimated 5% to $626 billion. This is sharply lower than the 10.2% increase in 2021, according to the latest World Bank Migration and Development Brief. Remittances are a vital source of household income for LMICs. They alleviate poverty,The FINANCIAL -- Remittances to low- and middle-income countries (LMICs) withstood global headwinds in 2022, growing an estimated 5% to $626 b...

Remittances to Countries in Fragile and Conflict

NL Corresspondent Of $90 billion remittances that India is expected to receive in 2022, only $27.4 billion has come in the first half of the year. India is likely to receive $100 billion in remittances this calendar year but experts say the record inflow may not be able to tame the widening current account deficit

The pressure on Ghana’s forex is expected to ease, with an expected $5 billion in remittances for 2023, following a $4.7 billion inflow of remittances in 2022. The remittance for next year, together with the IMF $3bn loan-support programme, is expected to contribute to efforts by the Government to have…

The pressure on Ghana’s forex is expected to ease, with an expected $5 billion in remittances for 2023, following a $4.7 billion inflow of remittances in 2022. The remittance for next year, together with the IMF $3bn loan-support programme, is expected to contribute to efforts by the Government to have…

Madam Regina Bauerochse Barbosa, Country Director, Gesellschaft für Internationale Zusammenarbeit (GIZ), has appealed to traditional rulers, opinion leaders and members of various communities to cease the stigmatisation towards returned migrants. She said when irregular migrants returned, communities should welcome them and allow them to contribute to the development of their…

More than 1 in 5 international migrants and refugees come from fragile and conflict-affected settings (FCS), where households are more likely to be extremely deprived and dependent on remittances. These are economic lifelines that could buffer to some degree the shocks of reduced income, poor crop harvests, and forced displacement that affect so many of these households.

Tran Viet Van, a journalist for Lao Dong (Labour) Newspaper, won two silver awards at the recent international New York Photography Awards 2022.