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Developing countries face sharp drop in remittances from migrant workers

Developing countries face sharp drop in remittances from migrant workers

Coronavirus pandemic has triggered an unprecedented socio-economic impact around the globe and hundreds-of-thousands of migrant workers are at the receiving end of the crisis. From Asia to Africa, migrants working overseas, particularly in developing countries,…

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World Bank: 40 million internal migrants affected, remittances to fall 23% in India

World Bank: 40 million internal migrants affected, remittances to fall 23% in India

The COVID-19 lockdown in multiple countries has brought economic activities to a standstill, which has largely impacted the migrant workers across the world. According to a report by the World Bank, the lockdown in India…

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