The Philippines received over $34.9 billion in remittances in 2020 despite the pandemic that devastated the world economy, according to a World Bank report. The World Bank, in its latest Migration and Development Brief, said despite COVID-19, remittance flows remained resilient in 2020, registering a smaller decline than previously projected. Officially recorded remittance flows to …

The post PH’s remittance flows remain strong after recording $34.9B in 2020 — World Bank appeared first on The Filipino Times.