Migration and Development Brief

Migration and Development Brief is published by the World Bank twice a year to provide key updates in the areas of migration and remittance flows across the world as well as the impacts of government policies in the same. According to the latest Migration and Development Brief, remittance flows remained resilient to the last year’s COVID-19 economic shock despite the high loss prediction. In 2020, the officially recorded remittance flows to low and middle income countries was 540 billion USD. This is just 1.6% less than the 2019 figures.

 

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