January Remittances Up 8.6%

Remittances rose 8.6 percent to $2.17 billion in January 2017, exceeding the $1.997 billion recorded during the same month last year but lower than the record high of $2.56 billion in December. It had totaled a record $26.9 billion in 2016, up 5 percent from $25.61 billion in 2015. For 2017, the government projects a 4-percent growth. Remittances play an integral…

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