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Leveraging Diaspora Finances for Private Capital Mobilization (الإنجليزية)

The remittance flows to low- and middle-income countries (LMICs) increased by an estimated 3.8 percent in 2023. This represents a slowdown in growth after the sharp increases in 2021–2022. The remittance growth rate is projected to moderate further to 3.1 percent in 2024, resulting in total inflows of 690 billion. Global remittance flows are projected to grow at a nearly constant rate in 2024. The rapid increase in migration comes in the face of the...
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