That puts its inflows far ahead of Mexico (USD60 billion), China (USD51 billion), the Philippines (USD38 billion), Egypt (USD32 billion) and Pakistan (USD29 billion), positioning the country to retain its spot as the world's top recipient of remittances. Such foreign remittances make up almo
In its latest Migration and Development Brief, World Bank said remittance flows to India will rise 12 per cent, putting its inflows ahead of countries including China, Mexico and the Philippines.
Washington [United States], Apr 9 (ANI): Remittances to low and middle-income countries reached a record high with Indian diaspora sending 79 billion dollars in 2018 followed by Chinese at 67 billion dollars.