Diaspora Journey takes you to the world of millions of people on the move. It contains news, articles, studies, and stories from various sources about the everyday life of diasporas. It also includes topics and discussions related to migration, development, remittances and microfinance.
Wednesday, 2 November 2011
JAMAICA: BOJ Reports Increased Remittance Inflows
KINGSTON — The Bank of Jamaica (BOJ), in its latest report on remittances, said that during the month of August, total remittance inflows were US$174.6 million, an improvement of US$17.8 million or 11.4 per cent over the corresponding period last year.
Net remittances for the month, after accounting for outflows, were US$148.9 million, which represented an improvement of US$15.0 million or 11.2 per cent relative to the corresponding period of 2010.