Remittances to Reach US$630 Billion in 2022 with Record Flows into Ukraine
But economies dependent on flows from Russia will see major declines WASHINGTON, May 11, 2022 — Officially recorded remittance flows to low- and middle-income countries (LMICs) are expected to increase by 4.2 percent this year to reach US$630 billion. This follows an almost record recovery of 8.6 percent in 2021, according to the World Bank’s latest […]