Public Finance and Social Protection

Remittances could fall by $100 billion because of COVID-19 – here’s why that matters

The total value of remittances reached $714 billion in 2019. Image: REUTERS/Thomas Peter

Harry Kretchmer

Senior Writer, Formative Content

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Global remittances Image: Pew Research Center
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What is the World Economic Forum doing to manage emerging risks from COVID-19?

World Bank data shows the complex hotspots of remittance flows. Image: WEF/Word Bank
Remittance around the world. Image: KNOMAD
Remittance flows between low-to middle income countries. Image: World Bank-KNOMAD

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Related topics:

Public Finance and Social ProtectionFinancial and Monetary SystemsDevelopment FinanceCOVID-19

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