Remittances to low- and middle-income countries grew by nearly 5% to around $626 billion in 2022 - about half the expansion seen last year - and growth is expected to slow further to around 2% ...

India is on track to receive more than $100 billion in yearly remittances in 2022, according to a World Bank report on Wednesday. This will be the first time a country will reach that milestone ...

In addition to the United Arab Emirates, Saudi Arabia, Kuwait, Oman, and Qatar account for 11 per cent of India's total remittances, it said. The World Bank said remittances to India are expected ...

India received a record-breaking $135.46 billion in remittances from its global diaspora during the 2024–25 fiscal year, ...

India has retained its position as the world's leading recipient of remittances, receiving USD 129 billion in 2023, according to the latest report by the World Bank.

Australia’s migration boom helped drive a record $38.2 billion in money sent in overseas remittances last year, including ...

The World Bank report disclosed that the NNPCL delayed the transfer of the associated revenue windfall and only commenced remittances to the Federation Account after three months, that is, in ...

Money transfers to poor and developing countries hit a fresh record in 2018 and should become their largest source of external financing this year, the World Bank said Monday.

The World Bank has raised concerns over low remittances by the Nigerian National Petroleum Company Limited (NNPCL) despite the removal of fuel subsidies.

By Diksha Madhok, CNN Business The extensive Indian diaspora will help the South Asian country reach a special milestone this year. Asia’s third largest economy is on track to receive more than ...