Global Remittances May Fall By $109B In 2020
PYMNTS
AUGUST 3, 2020
Modeled after The World Bank, ADB is a regional development bank established in the 1960s to promote social and economic development in Asia. South Asia could be among the hardest hit regions of the world, with remittances falling by 25 percent compared to their 2018 levels. Most of the decline stemmed from a $22.5
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