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Showing posts with label Global remittances may fall five percent in 2009: World Bank. Show all posts
Showing posts with label Global remittances may fall five percent in 2009: World Bank. Show all posts

Global remittances may fall five percent in 2009: World Bank

Global remittances, a key source of revenue for many developing countries, may fall 5 percent in 2009 after years of strong growth, a World Bank official said on Thursday. Millions of people in poorer countries depend on money sent home by migrant workers, and risk further impoverishment should the economic crisis result in further job losses in developed nations.

Friday, April 10, 2009

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