Officially recorded remittance flows to developing countries reached $316 billion in 2009, down 6 percent from $336 billion in 2008. With improved prospects for the global economy, remittance flows to developing countries are expected to increase by 6.2 percent in 2010 and 7.1 percent in 2011, a faster pace of recovery in 2010 than our earlier forecasts. The decline in remittance flows to Latin America that began with the onset of financial crisis...
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2010/04/23
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2010/12/23
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Outlook for remittance flows 2010-11 : remittance flows to developing countries remained resilient in 2009, expected to recover during 2010-11
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remittance
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