Money transfers to poor and developing countries hit a fresh record in 2018 and should become their largest source of external financing this year, the World Bank said on Monday. But many banks and money transfer operators charged too much, cutting into the gains of migration, the bank said in a statement.
Migrant workers in the UK, many in low-paid jobs, are sending £8bn a year to support families in their home countries, says a report from the United Nations' education agency. This is often used to help relations in poorer countries to stay in school.
The United Nations Committee on migrant workers expressed concern at Argentina’s “discriminatory attitudes” against citizens from African countries, particularly Senegal and neighbouring countries Bolivia and Paraguay.