Asian workers abroad send home highest remittances
Asian workers abroad sent 260 billion USD to their home countries in
2012, higher than all other regions in the world, said a recent United
Nations report.
Asian workers abroad sent 260 billion USD to their home countries in
2012, higher than all other regions in the world, said a recent United
Nations report.
The amount is five times higher than the total international development assistance for Asia, highlighted the report, which was released on May 20.
Countries receiving the highest remittance levels in descending order are India, China, the Philippines, Pakistan, Bangladesh, Vietnam and Sri Lanka.
It said about 60 million Asian workers are working abroad, bringing home 60 percent of the 410 billion USD of world remittances. The figure is higher than the combined total that African, American and Eastern European guest workers send home.
It is estimated that one in every 10 families in Asia receives money from a relative working abroad.-VNA
The amount is five times higher than the total international development assistance for Asia, highlighted the report, which was released on May 20.
Countries receiving the highest remittance levels in descending order are India, China, the Philippines, Pakistan, Bangladesh, Vietnam and Sri Lanka.
It said about 60 million Asian workers are working abroad, bringing home 60 percent of the 410 billion USD of world remittances. The figure is higher than the combined total that African, American and Eastern European guest workers send home.
It is estimated that one in every 10 families in Asia receives money from a relative working abroad.-VNA
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