Remittances to developing nations to hit $500 billion in 2015 - U.N. official

ROME (Thomson Reuters Foundation) – An estimated 230 million migrants will send $500 billion in remittances to developing countries in 2015, a flow of capital expected to do more to reduce poverty than all development aid combined, a senior official of the U.N. agricultural bank said.

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Remittances to developing nations to hit $500 billion in 2015 - U.N. official