Mexico’s Cash Cow: Remittances from the US & Other Countries Surge to New Record

Discussion in 'Economics' started by Banjo, Feb 8, 2019.

  1. Banjo

    Banjo

  2. JSOP

    JSOP

    Not something new. The Philippines has been relying on remittances from Philippino women working as maids around the world for years. That's Philippine's largest source of income. The only surprise for me is France and Germany being among the recipient countries and even key recipient countries for remittances. Didn't know the 2 highly industrialized countries still relied on payments from other countries as part of their economy. I thought they would be the giver countries. Wonder who are the giver countries? The Middle East like Saudi Arabia? Didn't see them in the list of recipient countries.