In early December 2024, Ghana made headlines across the globe as John Dramani Mahama of …
Read More »World Bank predicts drastic fall in remittances to Africa due to coronavirus pandemic
Global remittances are projected to decline sharply by about 20 percent in 2020 due to the economic crisis induced by the COVID-19 pandemic and shutdown, the World Bank has predicted. “The projected fall, which would be the sharpest decline in recent history, is largely due to a fall in the wages and employment of migrant workers, who tend to be …
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