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The South Centre | Research Paper 219, 16 June 2025

Summary by southcentre.int
Reducing the Cost of Remittances – A Priority for the Global South By Danish Remittances are a lifeline for many households in low and middle income countries (LMICs), and have emerged as an important source of external financing for sustainable development. With over 800 million people dependent on remittances worldwide, their importance for developing and least developed countries is well established. However, the high cost of remittances rema…
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southcentre.int broke the news in on Monday, June 16, 2025.
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