World Bank projects depressed Global remittances due to COVID-19, locusts

World Bank has projected depressed global remittances by about 20 percent in 2020 due to the economic crisis induced by the COVID-19 pandemic and shutdown. The projected fall, which would be the sharpest decline in recent history, is largely due to a fall in the wages and employment of migrant workers, who tend to be … Continue reading World Bank projects depressed Global remittances due to COVID-19, locusts