Sending money back home
Migrant workers send more than $30b back to their families at home every year.
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| A survey indicates that more than $300 billion is sent home in form of remittances every year [EPA] |
On Tuesday, Riz speaks with two experts in the field of international remittances, which is the process of migrant workers sending money back to their families.
This month the UN’s International Fund for Agricultural Development and the Inter-American Development Bank released a survey indicating that more than $300 billion is sent home in the form of remittances every year.
This means that remittances total more than international development aid and foreign investment to the world’s poorest countries combined.
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This episode of Riz Khan aired on October 23, 2007
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