Developing Countries to Receive Over $350 Billion in Remittances in 2011, Says World Bank Report

Geneva, December 1, 2011 (Washington DC, November 30, 2011 8pm) – Remittance flows to developing countries are expected to total $351 billion this year, and worldwide remittances, including those to high-income countries, will reach $483 billion [corrected from $406 billion on December 5] for the current calendar year, according to a newly updated World Bank brief on