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Africanews

Migrant workers sent $685 billion in remittances to families in 2024

Africanews · 18 days ago
Africanews
Africanews
18 days ago

The UN’s International Fund for Agricultural Development celebrated Tuesday's 10th anniversary of the International Day of Family Remittances.

BreakdownGenerated by LeadStory AI
  • The UN celebrated the 10th anniversary of the International Day of Family Remittances.
  • In 2024, migrant workers sent about $685 billion to 800 million family members. 51s
  • Remittances now exceed official development assistance and foreign direct investment in many developing countries. 38s
  • Remittances fund essential needs such as food, health, education, and entrepreneurship. 45s
  • In 30 developing countries, remittances represent more than 10% of GDP. 1m 32s
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