Blogs

Remittances matter

Uncategorized   |   August 30, 2023

Remittances matter and have a significant impact on economies around the world. Despite global headwinds, remittances to low- and middle-income countries (LMICs) grew 5% in 2022 from the previous year. The World Bank Migration and Development Brief reports that this growth is sharply lower than the 10.2% increase seen in 2021; however, it still represents a substantial boost for recipient economies. Digital transactions contribute an estimated $148.08 billion to 2023 […]

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Uncategorized

Remittances matter

Remittances matter and have a significant impact on economies around the world. Despite global headwinds, remittances to low- and middle-income countries (LMICs) grew 5% in 2022 from the previous year. The World Bank Migration and Development Brief reports that this growth is sharply lower than the 10.2% increase seen in 2021; however, it still represents a substantial boost for recipient economies. Digital transactions contribute an estimated $148.08 billion to 2023 […]

Uncategorized

What Your Remittances Mean to Your Country 

A hidden engine of globalization is helping to drive the world’s economic growth, and it’s not what you think. It’s remittances! People (including yourself) are sending money back home to support family members and make a global difference. Remittances—money migrants send back to their families in developing countries—are the hidden engine of economic development in many countries.  In some cases, remittances have overtaken FDI, private capital flows and aid as […]

January 11, 2023

Uncategorized

Five ways to be in a healthy financial position in the post-retirement phase

At some point in life, you might have planned or have had thoughts of a beautiful retirement with holidays in the Bahamas, world tours, cruising the seas, or a grand villa out in the countryside. Such dreams really does push one to work hard, but in order to achieve them; a perfect retirement plan is vital. And the earlier one starts planning, the better one reaps the fruits of retirement. […]

May 25, 2020
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