Remittances

Lawmakers of the Economic Community of West African States (ECOWAS) Parliament have attributed the causes of low remittance of community levy by member states to the ongoing Russia-Ukraine war, low import inflow, the effect of Covid-19 on…

Remittance flows to low and middle income countries reached $540 billion last year, just 1.6 percent below the 2019 total of $548 billion, latest Migration and Development Brief by World Bank has shown. The bank said the decline in…