Press Mentions

El envío [en Guatemala] se mantiene pero ya no crecerá como el año pasado.

Manuel Orozco

People are using more merchandise delivery than cash transfers…Historically, during periods of duress, societies turn to material goods instead of cash.

Manuel Orozco

Approximately 750,000 households in Haiti receive remittances from Haitians in the US. About 40% of those remitters in the US are likely on TPS. For some people, it’s their only income and sole way of affording food and medication. Haitian migrants’ transfers went from 12 percent of the country’s GDP in 2012 to more than a quarter in 2022.

Manuel Orozco

[…] es previsible que la disminución de los flujos migratorios y el aumento de deportaciones desde Estados Unidos continue este 2026.

Manuel Orozco

If they get deported, they rather send as much as they can now so that the relatives can be covered, considering that once they are deported, they won’t be able to continue to send the money.

Manuel Orozco

Remittances would grow by just 2% in 2025 if 500,000 of the migrants already living in the United States illegally were deported. 

Manuel Orozco

Mr Trump’s policies are unlikely to stop migration entirely. In fact, his aggressive approach could push more people into trying to reach the United States by increasing economic instability, which, along with corruption, drives emigration. Countries struggling to provide jobs and services will be hard hit by any fall in remittances, which make up one in four dollars circulating in the region. If just 10% of those under orders to be removed and 65% of those detained are deported, the annual growth in remittances sent to Nicaragua would drop from 55% in 2023 to 6% this year.

Manuel Orozco

[Unlike Mexico, a major manufacturing country,] they don’t have an alternative economic growth strategy.

Manuel Orozco

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