Remittances to Mexico Surge Amid COVID-19 Economic Strain
Despite the economic strain of the COVID-19 pandemic, Mexico saw a surprising surge in remittances, as migrants increased financial support to their families back home.
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Despite the economic strain of the COVID-19 pandemic, Mexico saw a surprising surge in remittances, as migrants increased financial support to their families back home.
The World Bank reports that global remittances are expected to drop by 14% due to the COVID-19 pandemic, severely affecting countries like Venezuela where remittances are a crucial source of income.