Remittances during COVID-19: Reduce costs to save livelihoods

“As COVID-19 continues to affect the global economy, remittances become more important than ever before to prevent large-scale poverty and starvation. However, a drop in migrants’ wages and employment, fall in tourism, and restrictions on the movement of people, goods and services will likely cause remittances to decline this year.”

via Development Matters (OECD)