2022 saw India receive a record $111bn in remittances, first country to reach this level, according to the IOM World Migration Report 2024.
India received a record-breaking $111 billion in remittances in 2022, marking the first time any country has reached this level, according to the United Nations migration agency, the International Organisation for Migration (IOM). In its World Migration Report 2024, the IOM also revealed that India, Mexico, China, the Philippines, and France were the top five remittance recipient countries in 2022.
May 08, 2024
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