Remittances Remain Resilient but Are Slowing

Migration and Development Brief 38

Migration and Development Briefs report updates on migration and remittance flows as well as salient policy developments in the area of international migration and development. This Brief (number 38 in the series) describes key developments in remittance flows that have occurred since the previous brief, published in November 2022. Projections of remittance trends in 2023 are made in light of a slowing global economy, continued high inflation and increased interest rates, and Russia’s invasion of Ukraine and the conflict in Sudan.

About this Publication

By Dilip Ratha, Sonia Plaza, Eung Ju Kim, Vandana Chandra, Nyasha Kurasha & Baran Pradhan