The global redistributor we never hear about: money sent by migrants

Re:The global redistributor we never hear about: money sent ... by therabbithole on Friday January 17, 2025 @12:13PM (#42740577)

International migrants send $781 billions per year to families back home. That's over >3x global aid.

About 6% goes to bank fees. Reducing these fees would unlock a huge amount of redistribution.

[ Parent | on HN ]

There are no comments on this comment yet.