Remittances

While this is not very good news, the 18% decrease in remittances is made up for with the more than 18% increase in the value of the US dollar. ❋ Unknown (2009)

It has seen its oil price more than halved at a time of declining production, just as Mexican immigrants are sending home dramatically reduced remittances from the US (if not packing their bags and returning home due to lack of work or tightened persecution). ❋ Unknown (2009)

In 2005, the World Bank stated that Mexico was receiving $18.1 billion in remittances and that it ranked third (behind only India and China) among the countries receiving the greatest amount of remittances. ❋ Unknown (2010)

Plus, Calderon is planning a visit to Mexifornia next week to check on his outsourced citizens who supply billions of dollars annually in remittances (nearly $24 billion in 2007, see below). ❋ Unknown (2008)

“We have heard from foreign customers conducting legitimate business here, who have been told by their bankers overseas to stop receiving remittances from the DPRK, otherwise their accounts will be closed.” ❋ Unknown (2008)

A total of $25 billion in remittances are sent to Mexico each year. ❋ Unknown (2008)

It seemed pretty poor, with people living on remittances from the states. ❋ Unknown (2008)

IMO, the lack of money from the returnees as well as those no longer getting remittances is likely to reflect in an increase in break-ins and other crimes. ❋ Unknown (2007)

Both articles state that the rate of increase in remittances has slowed substantially. ❋ Unknown (2007)

These countries depend on remittances from the migrants back to the home country. ❋ Unknown (2007)