Analyzing Survey Data from Guatemala, El Salvador, Honduras, and Nicaragua This piece shares findings on the extent of digital adoption in Central America for regular payment
Many challenges have confronted companies and migrant senders this year, including the proposed tax on remittances, deportations, and a decline in migration.
Haiti and Central American countries will be the most affected in 2026 by a decline in migration and remittances, accompanied by an increase in deportations, which will affect economic growth and increase unemployment and informality.
Our development initiative in intermediate cities has progressed positively to allow us to expand to of our work activities. One initiative follows up on our financial inclusion program. It consists of the formation of a working group on remittances and financial inclusion in Guatemala, carried out in partnership with the Central Bank of Guatemala.
This memo offers insight into the current situation in Nicaragua in 2025, its political and economic activities, and their effects on U.S. foreign policy.
A proposed 5 percent tax on remittances from non–U.S. citizens could increase financial risk, reduce formal transfers, and strain economic and diplomatic ties between the United States and remittance-dependent countries.
This briefing offers an overview of the money transfer industry in the US-Latin America and Caribbean landscape, followed by a review of some of the challenges in 2025.
This briefing offers a descriptive perspective regarding remittance transfer growth in 2024. We point out that, this year, flows will experience less than six percent growth. The memo highlights some insight on migration, historic growth, competition in the marketplace, and what growth can be expected for 2024.
This briefing offers an update on remittance growth in Mexico for 2024 by looking past trends as well as key issues. Additionally, the memo shows how government policy has sought to intervene at the point of sending or receiving in certain ways, and that the overall upward trend is sustained by migration and remittance frequency. Lastly, the memo signals a slowdown in principal sent that is partly associated with microeconomic inflationary trends.
Setting aside the debate surrounding the legitimacy and popularity of President Nayib Bukele, he has a number of challenges ahead of him in the social, political, and economic sphere. In large part, these challenges are his legacy as they result from the decisions implemented in his first presidential term. Paradoxically, when it comes to overcoming the country’s main problems, President Bukele is his own worst enemy.
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