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(Total Views: 80)
Posted On: 01/05/2019 10:43:34 PM
Post# of 65629
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Posted By: Lmcat
Migrants’ Remittances to Mexico and Central America Jump to $53 Billion in 2018

The World Bank reported that legal and illegal immigrants sent $53.4 billion in remittances to Mexico and Central America in 2018.

Remittances to Mexico reached $33.7 billion in 2018, up 21% from 2016 , and the outflow to Central America rose to $19.7 billion in 2018, up 25% from 2016.

These money transfers provide a huge stimulus to the countries that export their populations to the U.S. labor market. -GEG

Legal and illegal migrants sent $53.4 billion in remittances back to Mexico and Central America in 2018, or more than double the cost of building a border barrier on the U.S.-Mexico border, according to a World Bank report.


https://needtoknow.news/2019/01/migrants-remi...lion-2018/

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