Wednesday, June 14, 2017
The outlook for remittance inflows.
Latin America and the Caribbean (LAC) was the only region in the world that registered an increase in family remittances last year.
- The rise in 'extra' remittances after last year's US presidential election will not be repeated this year.
- The taxing of remittances could partially reverse many years of efforts to lower sending costs.
- Increased employment in the US construction sector could help sustain remittances to LAC.