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Retaining its spot as the world top recipient of remittances, migrant workers from India are set to send home a record USD 100 billion in 2022, despite global
Remittance flows to India seen rising 12% putting its inflows ahead of China, Mexico
Remittance flow to Bangladesh is projected to drop by $1 billion to $21 billion this year from $22 billion last year, according to the World Bank.
In its latest Migration and Development Brief, World Bank said remittance flows to India will rise 12 per cent, putting its inflows ahead of China, Mexico and the Philippines.
WASHINGTON [US], Dec 1: Retaining its spot as the world’s top recipient of remittances, migrant workers from India are set to send home a record USD 100 billion in 2022, despite global headwinds like rising prices. In its latest Migration and Development Brief, World Bank said remittance flows to India will rise 12 per cent, putting its inflows ahead of China, Mexico and the Philippines. “Growth in remittance flows is estimated at 9.3 per cent for Latin America and the […]