World Bank: Global remittances to drop 20% amid coronavirus
- The drop is already dealing a heavy blow to families and entire economies in the developing world
- The World Bank recommended that governments and businesses work to protect immigrants from the economic and health effects of the coronavirus
HAVANA : Remittances sent home by migrants from low- and middle-income countries are expected to drop around 20 percent this year amid the global economic slowdown caused by the novel coronavirus. the World Bank said Wednesday.
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