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Migrant remittances hit $700bn, surpassing official development aid

Remittances from diasporas to their home countries have doubled to $700 billion.

Published 2j1 sourceNotable
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The fact

These flows now exceed official development aid and foreign direct investment.

They are crucial for the economies of recipient countries.

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Auto-synthesis from 1 media source · identified on September 15, 2026
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