PCM Card Notes -

GLOBAL REMITTANCES RECOVER

Remittances to low and middle-income countries rebounded to a record level in 2017 after two consecutive years of decline. The World Bank estimates that officially recorded remittance to low- and middle-income countries reached $466 billion in 2017, an increase of 8.5 percent on $429 billion in 2016. Global remittances, which include flows to high-income countries, [...]

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