India to retain top position in remittances with USD 80 billion:World Bank

Posted on:10 Dec 2018 15:59:50
India to retain top position in remittances with USD 80 billion:World Bank
10 December 2018 Current Affairs: The World Bank has said India will retain its position as the world’s top recipient of remittances this year with $80 billion.
India is followed by China, Mexico, the Philippines and Egypt, according to World Bank's Migration and Development Brief.
A foreign remittance is money transferred from a foreign worker to their family or other individuals in their home countries.
The World Bank has said India will retain its position as the world’s top recipient of remittances this year with $80 billion.
India is followed by China, Mexico, the Philippines and Egypt, according to World Bank's Migration and Development Brief.
A foreign remittance is money transferred from a foreign worker to their family or other individuals in their home countries.

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