City Express Myanmar and Money King were granted remittance licenses on 5 January.

Looking at the impact of the pandemic on remittances and outlook for 2021

UAE emerges second largest source of remittances for Pakistan in first five months of FY 2021.

This initiative follows the Central Bank of Nigeria (CBN) directive to enable global money transfers to be paid in US Dollars in an effort to streamline and increase the flow of formal diaspora remittances into Nigeria.

At a time when the world economy was hard hit by the ongoing pandemic, improvement in Nepal’s remittances inflow has made it easier for the government to operate.

A survey of 600 households studying agricultural risk management behaviors in households benefitting from remittances

Remittances are an important source of income for low/middle-income countries. But nations that rely more on these inflows have been hit harder.

However, even though this is a 7.6 percent drop from last year’s $17 billion, Vietnam will remain the ninth biggest remittance beneficiary in the world.

Remittance flows to low and middle-income countries are projected to fall by 7 percent, to $508 billion in 2020, followed by a further decline of 7.5 percent, to $470 billion in 2021.

How the Ethiopian government is tackling the challenge of declining remittances and economic contraction brought about by the COVID-19 pandemic.