News Words: Remittance

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News Words: Remittance

Last year, $466 billion in remittances flowed to low and middle-income countries. That figure is estimated to grow to $485 billion this year. Remittances are a lifeline to many countries that are facing some sort of a crisis. The poorer the country, the larger the dependence on remittances.
Originally published at – https://learningenglish.voanews.com/a/4541103.html

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