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#677964
Wed 30 Nov 2022 08:24:PM
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Joined: Feb 2001
Posts: 381,903
Launch Director
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Launch Director
Joined: Feb 2001
Posts: 381,903 |
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: Remittances to India set to hit record $100bn this year
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