In all, people worldwide sent a total of $540 billion home last year, only dropping by 1.6% from 2019 — a smaller drop than during the 2009 global financial crash.
Migration to US is a family ‘duty’ for many Guatemalans
Many poor families in the Philippines rely heavily on US dollars sent home by Filipinos working overseas, and Orlando De Guzman reports from Manila on how the dollar’s falling value against the Philippine peso is affecting their budgets.