Romeo Gacad/AFP/Getty Images
The Context In the last 10 years, Haiti has turned into one of the most remittances dependent countries in the world. Indeed, migrants’ transfers went from 12 percent of GDP in 2012 to more than a quarter of it in 2022 at around US$3.5 billion. They are by far the…Read more +
Photo by Sam Bojarski/The Haitian Times
Introduction This blog examines the role of remittances on Haiti’s economy. It points to its growing relevance over time, and the dependence on transfers from the US, while describing Haiti’s deteriorating social, political and economic context. The blog also points to a drop in flows in 2022 — which may…Read more +
Stuart Price/ Flickr / CC0 1.0
In the wake of the Covid-19 pandemic, remittances have become a much more important source of income for many people in Latin America and the Caribbean. It is projected that the growth rate will reach 14 percent in 2022 to nearly US$150 billion, equivalent to 5 percent of the gross domestic product in Latin American and the Caribbean countries...Read more +
Marvin Recinos —AFP/GETTY IMAGE
Despite a severe continued deterioration of health conditions among Latin American and Caribbean countries, and a slower than expected economic recovery in 2021, migrant remittance transfers will grow 25% relative to 2020, which had already increased 9%. Read more +
This blog refers to the “Thriving in San Marcos” initiative carried out in partnership with Cities Alliance. and the Swiss Agency for Development and Cooperation. “Thriving in San Marcos” promotes a skilled, professional workforce among future generations in the MANCUERNA region of Guatemala through our B’etil Diploma, an extracurricular education program with a pre-professional focus in collaboration…Read more +
This blog refers to the “Thriving in San Marcos” initiative carried out in partnership with Cities Alliance and the Swiss Agency for Development and Cooperation. “Thriving in San Marcos” promotes strong local economies in the MANCUERNA region of Guatemala through access to credit and business coaching for entrepreneurs in collaboration with financial institutions and civil society organizations.…Read more +
This blog refers to the “Thriving in San Marcos” initiative carried out in partnership with Cities Alliance and the Swiss Agency for Development and Cooperation. “Thriving in San Marcos” promotes financial access and inclusion in the MANCUERNA region of Guatemala through financial education in close collaboration with financial institutions. MANCUERNA encompasses municipalities across San Marcos and Quetzaltenango,…Read more +
