Sub-Saharan Africa’s FY20 remittances slump 23%-WB

Sub-Saharan Africa’s FY20 remittances slump 23%-WB

Harare (New Ziana) -Sub-Saharan Africa’s Diaspora remittance flows will decline by 23.1 percent to reach $37 billion this year owing to the COVID-19 pandemic, the World Bank (WB) has said. However, a recovery of four percent is expected in 2021. In 2019, remittances...
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