Gilbert F. Houngbo


Migrant workers sending home more money than a decade ago

The amount of money migrants send home to their families in developing countries has increased by 51 per cent over the past decade, “lifting millions out poverty,” a new report by the International Fund for Agricultural Development (IFAD) has found.

The study, covering the period between 2007 and 2016, was released ahead of the International Day of Family Remittances, observed annually on 16 June.