In the latest edition of the World Bank’s Migration and Development Brief, released earlier this month, remittance only grew marginally last year. Remittances to developing countries amounted to $431.6 billion in 2015, an increase of 0.4 percent over 2014.
Although still growth, the pace is the slowest since the global financial crisis. Global remittances, which include those to high-income countries, contracted by 1.7 percent in 2015, to $581.6 billion.
Nonetheless, remittances remain buoyant in key remittance-receiving countries. Remittances to Vietnam are estimated to have increased by some 10 percent in 2015.
http://bravenewcoin.com/news/global-remittances-slow-while-regulation-restricts-access
