Remittances
Mexico’s president ramps up opposition to proposed U.S. remittance tax
Mexican President Claudia Sheinbaum said Friday her government will send another diplomatic mission to the United States to oppose a proposed 3.5 percent tax on remittances, warning the measure would severely impact millions of Mexican nationals living abroad. Speaking at…
Digital Remittances by Migrant Workers Reduce Poverty and Drive Rural Transformation by Connecting Millions of ‘Unbanked’ Women and Men
In celebration of the International Day of Family Remittances (IDFR) on 16 June, the G20’s Global Partnership for Financial Inclusion (GPFI) has on 14 June 2024 unveiled a new report that provides evidence of the transformative impact of digital remittances,…
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