TNPSC Thervupettagam

Migration and Development Brief 33 - report

November 3 , 2020 1393 days 964 0
  • It is published by the World Bank.
  • For the first time in recent history, the stock of international migrants is likely to decline in 2020.
  • It is because new migration has slowed and return migration has increased.
  • Remittance flows to low and middle-income countries (LMICs) are projected to fall by 7 percent.
  • The top 5 countries in 2020 to receive foreign remittances are expected to be India, China, Mexico, the Philippines and Egypt.

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