Defying Predictions, Remittance Flows Remain Strong During COVID-19 Crisis
Low- and Middle-Income Countries Received $540 billion in 2020, $8 Billion Less Than in 2019 WASHINGTON, May 12, 2021 — Despite COVID-19, remittance flows remained resilient in 2020, registering a smaller decline than previously projected. Officially recorded remittance flows to low- and middle-income countries reached $540 billion in 2020, just 1.6 percent below the 2019 total […]