POSITION as the world's top recipient of REMITTANCES in 2018 with its diaspora sending a whopping USD 80 billion back home, according to the World Bank report. India is followed by China (USD 67 billion), Mexico and the Philippines (USD 34 billion each) and Egypt (USD 26 billion), according to the global lender. The Bank estimates that officially-recorded remittances to DEVELOPING countries will INCREASE by 10.8% to reach USD 528 billion in 2018.

"> POSITION as the world's top recipient of REMITTANCES in 2018 with its diaspora sending a whopping USD 80 billion back home, according to the World Bank report. India is followed by China (USD 67 billion), Mexico and the Philippines (USD 34 billion each) and Egypt (USD 26 billion), according to the global lender. The Bank estimates that officially-recorded remittances to DEVELOPING countries will INCREASE by 10.8% to reach USD 528 billion in 2018.

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Which of the following country is the world's top recipient of remittances in 2018?

Current Affairs National in Current Affairs . 8 months ago

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India will retain its POSITION as the world's top recipient of REMITTANCES in 2018 with its diaspora sending a whopping USD 80 billion back home, according to the World Bank report. India is followed by China (USD 67 billion), Mexico and the Philippines (USD 34 billion each) and Egypt (USD 26 billion), according to the global lender. The Bank estimates that officially-recorded remittances to DEVELOPING countries will INCREASE by 10.8% to reach USD 528 billion in 2018.

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Posted on 31 Jul 2024, this text provides information on Current Affairs related to National in Current Affairs. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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