Top stories
Marketing & MediaNet 75% of marketers plan to increase investment in AI visibility, including ads
Kantar 1 day
Marketing & MediaNTT Data backs South Africa’s first national AI Awards as exclusive platinum partner
Twofold Media 2 days
Trending
Advertise your job vacancies
Subscribe & Follow
WhatsApp support is getting more expensive, but not for everyone
Wilene van Greunen
Remittances set to fall in 2009
For the first time in over a decade remittances to sub-Saharan Africa are set to fall in 2009, increasing people's vulnerability to poverty, officials at the World Bank say.
The World Bank's latest migration and development brief, published on 11 November, says remittance income in developing countries will decline by about 1 percent from 2008 to 2009.
Dilip Ratha, lead economist and manager of the migration and remittances team at the World Bank, told IRIN the drop could be far sharper. "A worst-case scenario would bring them down by as much as 6 percent."
Read the full article here
