Friday 8 August 2008

Caribbean: Remittances contributing big to Caribbean GDP

WASHINGTON DC, United States, August 7, 2008 - A 2008 World Bank report has revealed that remittances are contributing significantly to Caribbean economies.

The situation is particularly stark in Guyana as increasing numbers of Guyanese leave home to live elsewhere. The report pointed out that the money they are sending back home is playing a growing role in the country's economy. [Read more]

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