Daily Archives - May 17, 2021

Remittances to Ghana shoots up to $3.6bn in 2020

Despite the impact of covid-19 on global economies, remittances to Ghana shot up by 5% to US$3.6 billion last year, according to World Bank’s 2021 Migration and Development report. With the exception of Nigeria where there was a significant decline in remittances, foreign inflows to Africa went up by 2.3%. According to the report, Ghana was ranked second behind Africa’s most...