Study counts cash sent home by migrants - ($24.2 billion to Mexico)

“The first study of global remittances found that migrants sent more than $300 billion home to their families last year, with India edging out Mexico as the top recipient.

India got $24.5 billion, while Mexico received $24.2 billion. China was third with $21 billion, according to the U.N. agency that released the report Wednesday.

The study also took a stab at estimating remittances to places where the numbers are difficult to tabulate, such as Cuba, Haiti, Iraq, Myanmar (also known as Burma), Afghanistan and Somalia.”*

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