Remittance flows to India are estimated to grow 12% to reach $100 billion for the first time this year— way ahead of Mexico, China and Philippines— according to World Bank’s Migration and Development brief. Between 2016-17 and 2020-21, the share of remittances from US, UK and Singapore increased from 26% to over 36%, while the share from five Gulf countries dropped from 54% to 28%,” the World Bank said.
source https://timesofindia.indiatimes.com/business/india-business/remittances-to-india-set-to-hit-record-100bn-this-year-25-higher-than-fdi-flows/articleshow/95894938.cms
0 Comments
Don't post spam messages