Remittances to the world’s poorest countries reached a record 27 billions dollars in 2011, according to a report released Monday by the United Nations Conference on Trade and Development (UNCTAD) in Geneva.
Despite recession in Europe and a weak recovery in the United States, remittances to developing countries have been growing at a strong pace over the last year and are likely to accelerate further through 2015, according to a new report released here Tuesday by the World Bank.
For the first time in over four decades, the number of people migrating out of the southern Indian state of Kerala, home to 33.3 million people, is on the decline.
At the battered terminal of Tripoli’s tiny Mitiga airport, over 150 young men and women jostle to be repatriated home to Nigeria on Libya’s Buraq airlines. This journey to Lagos is one of hundreds the International Organisation for Migration (IOM) has facilitated since the start of the uprising against Gaddafi’s regime over a year ago.