The global inflow of remittances is expected to reach US$745.1 billion in 2025, growing at a CAGR of 1.20%, for the time period of 2021-2025. Factors such as reduction in remittance costs, rising international migration, improving youth unemployment rate, surging urbanization, rising number of international students and increasing refugee population would drive the growth in the remittance infl ..
Remittance is referred to as the money sent by immigrants to their families residing in their native countries. This market plays a vital role in the economic growth and livelihoods of people across the world. Remittance inflows in developing countries make a notable share in their GDPs. Remittance market is completely dependent on the migrated population living across the world.
The glob ..
Remittance is referred as the money sent by immigrants to their ..