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Posted on: April 17th, 2007
Filed Under: [ Immigration ] [ Top Stories ]
Tags: latin america, remittance, remittances
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“It seems Latin Americans are putting their money to work; its just taking a little trip first.
The Inter-American Development Bank, a bank set up primarily to monitor and aid Latin American economies, reports that Latin American immigrants sent $62 billion from the United States to their native countries last year.
These payments, known as remittances, are part of the ongoing political debate surrounding immigration in the United States.”
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