Rochu_2008 / Adobe Stock / Enhanced license
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.Read more +
Financiera para el Bienestar / Gobierno de México
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.Read more +
Julio / Adobe Stock / Extended license
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.Read more +
jon_chica / Adobe Stock / Extended License
The Andean migrant population in the US is remitting 50% of all flows to their homelands in the Andes, over US$10 billion in 2022 from the US and US$11 billion in 2023. Within this context, the following briefing offers a characterization of migration from the Andean countries: Bolivia, Colombia, Ecuador, Peru, and Venezuela.Read more +
The following note by Manuel Orozco, director of the Migration, Remittances, and Development program at the Inter-American Dialogue, offers some observations pertaining to a migration and remittance outlook in 2024.Read more +
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The Context In the last 10 years, Haiti has turned into one of the most remittances dependent countries in the world. Indeed, migrants’ transfers went from 12 percent of GDP in 2012 to more than a quarter of it in 2022 at around US$3.5 billion. They are by far the…Read more +
RawPixel CC0 photo.
This blog examines remittance sending costs to eight Latin American and Caribbean countries and considers that the most important reality shaping the money transfer intermediation industry is that is tied to a global currency market.Read more +
This blog refers to the “Thriving in San Marcos” initiative carried out in partnership with Cities Alliance and the Swiss Agency for Development and Cooperation. “Thriving in San Marcos” promotes financial access and inclusion in the MANCUERNA region of Guatemala through financial education in close collaboration with financial institutions. MANCUERNA encompasses municipalities across San Marcos and Quetzaltenango,…Read more +
Wikimedia / Gage Skidmore
The context surrounding the Covid-19 crisis has aggravated the circumstances limiting remittance flows to Cuba. This article explores how digital technologies and cryptocurrencies are emerging as new, formal channels for sending remittances and paying for goods and services from abroad.Read more +
Graduation Ceremony of the B’etil Diploma in El Palmar
Migrants have a strong potential to transform their families and societies; the challenge is harnessing this potential. The Opportunities for My Community project explores practical ways in which various actors, including diaspora groups and remittance companies, can work effectively to support education in Guatemala.Read more +
Photo by Mariana Calvo
Implementado gracias al apoyo de la Agencia para el Desarrollo Internacional de Estados Unidos (USAID),[1] Oportunidades para Mi Comunidad es un proyecto de tres años que vincula remesas, migrantes, educación y ahorro para promover el desarrollo económico y humano en Guatemala. La estrategia, que se enfoca en el Altiplano Occidental…Read more +
David Stanley/ Flickr/ CC BY 2.0
This article analyses financial access in El Salvador, delving into its characteristics and determinants. The article also presents the impact of a financial inclusion strategy to increase savings formalization rates among the population. Read more +
It is often mentioned that remittances “are primarily spent on consumption, housing and land, and are not utilized for productive investment that would contribute to long-run development.”[2] Statements such as these typically reflect value judgments rather than informed opinions based on empirical evidence. Read more +
