Migration and Development Brief Current Affairs, GK & News
As per the report of the World Bank’s Migration and Development Brief, India has retained its position as the world’s top recipient of remittances (money sent back home by its nationals working abroad) in 2018. World Bank Report on Remittances Indian diaspora has sent $79 billion (approximately Rs 5.5 lakh crore) home. The Remittances grew ..
Category: Economy & Banking Current Affairs
Topics: Asia • Bahrain • China • Egypt • GCC • Gulf Cooperation Council • Indian diaspora • Kerala • Kuwait • Mexico • Migration and Development Brief • Oman • Philippines • Qatar • remittances • Saudi Arabia • UAE • United Arab Emirates • USA • World Bank
According to World Bank’s Migration and Development Brief, India will retain its position as world’s top recipient of remittances in 2018, receiving a total remittance of $80 billion from its diaspora. India is followed by China ($67 billion), Mexico and hilippines ($34 billion each) and Egypt ($26 billion). Remittance: It is transfer of money by ..
According to recently released Migration and Development Brief by World Bank, India has retained top position as recipient of remittances with about $69 billion in 2017. India was followed by China ($64 billion), Philippines ($33 billion), Mexico ($31 billion), Nigeria ($22 billion) and Egypt ($20 billion). Key Highlights of Migration and Development Brief Global remittances: ..