Guyana is projected to rake in US$280 million in remittances this year, US$27 million more than the US$253 million received last year, the World Bank’s latest Migration and Remittances Factbook 2011 says.
According to the report which was released on Monday, global remittances are expected to reach $440 billion by the end of this year, with $325 billion of this sum coming to developing countries. The World Bank estimates that after recovering