Arrival of remittances to Sinaloa collapses at the beginning of 2025

The collection of remittances in Mexico slowed down in the first quarter of 2025, a period in which an annual fall was observed in 11 entities, according to information from the Bank of Mexico (Banxico). The most pronounced decrease occurred in Sinaloa, of 22.8%, followed by Nuevo León, of 16.3%, and the State of Mexico, of 13.4% between January and March 2025, compared to the same period of 2024. The Banxico figures reveal that in Sinaloa 176 m…