Check out today's 12 stories - Knowledge is Power!
Posted on: November 27th, 2007
Filed Under: [ Hispanic News ] [ Immigration ] [ Top Stories ]
For years, millions of Mexican migrants working in the United States have sent money back home to villages like this one, money that allows families to pay medical bills and school fees, build houses and buy clothes or, if they save enough, maybe start a tiny business.
But after years of strong increases, the amount of migrant money flowing to Mexico has stagnated. From 2000 to 2006, these remittances grew to nearly $24 billion a year from $6.6 billion, increasing more than 20 percent some years. In 2007, the increase so far has been less than 2 percent.”*
Stumble it! |
|
Other posts that may interest you
Mexicans Miss Money From Relatives Up North
Mexicans Miss Money From Relatives Up North
Remittances hit by political and economic uncertainty in U.S.
Latin America and Caribbean Seeing Steady Growth in Economy
Blogante Headlines for Wednesday - November 28th, 2007
Remittances to Mexico drop as U.S. economy slows, enforcement increases
Mexican president decries 'growing harassment' of migrants in US, vows to fund media campaign
Remittances and Money Laundering in Mexico

