Covid-19 and migrant remittances: A hidden crisis looming?

Many developing countries rely on remittances as a source of external financing that now eclipses overseas development assistance

The coronavirus (Covid-19) pandemic has had an enormous impact on international flows of migrant remittances, which represent a significant source of economic support for many poor countries. The World Bank estimates that global remittances fell by 7% in 2020, surpassing the 5% decline seen during t

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