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    • Remittances & World Bank

Remittances & World Bank Newsletter
  • Ruto's economy: World Bank flags missing Gen Z jobs, rising poverty 28 May 2025 11:55 GMT

    … on Kenya published Tuesday, the World Bank highlighted improvements in key … market. Despite resilient agriculture, strong remittance inflows, and a rebound in … potential upside scenarios exist. The World Bank stressed that accelerated economic reforms …

  • Remittance tax draws fintech pushback 29 May 2025 18:58 GMT

    … a joint response to the remittance tax proposal, including the … which the majority of remittances flow, with the top … respectively, according to a World Bank blog post in December. A … recent years to offer digital remittances. Such international transfers have …

  • SERAP sues NNPC over unaccounted ₦500bn oil funds 01 Jun 2025 07:59 GMT

    … the recent allegations by the World Bank that out of the N1 … ensure the prompt recovery and remittance of the money to the … without the full recovery and remittance of the missing N500 billion … money from the NNPCL. “The World Bank recently disclosed that out of …

  • SERAP Sues Nigeria’s State-owned Oil Firm, Seeks Probe Of ‘Missing N500Billion Oil Funds’ 01 Jun 2025 08:08 GMT

    … the recent allegations by the World Bank that out of the N1 … ensure the prompt recovery and remittance of the money to the … ."   SERAP recalled that the “World Bank recently disclosed that out of …

  • Trump remittance tax to hit Africans hard 28 May 2025 17:34 GMT

    … African economies." World Bank data shows that remittance flows into Africa were … , according to Aikins. World Bank data shows that remittances received as a percentage …

  • Remitly CEO Says Digital Driving Remittances to New Heights Amid Economic Uncertainty 28 May 2025 16:50 GMT

    … constants amid the turmoil. Remittances are consistent, as … tuition. According to The World Bank, remittances to low-to-middle … overstate the relevance of remittances in the global economy … own disbursement network, digital remittances have gained ground, …

  • Trump’s remittance tax sours Indian view of US dream 28 May 2025 14:13 GMT

    … cent excise tax on remittances sent abroad by non … s largest recipient of overseas remittances, received approximately $129 … US, according to the World Bank. The Global Trade Research … The combination of the remittance tax proposal and contentious …

  • Trump’s remittance tax is unjust—to both Indian immigrants and US economy 28 May 2025 03:38 GMT

    … proposed tax would effectively reduce remittances to Indian households and the … , international institutions such as the World Bank and the International Monetary Fund … edge in global markets. Taxing remittances — after already taxing incomes — runs …

  • US remittance tax could be a Tk 5,000cr hit for migrants: CPD 27 May 2025 19:17 GMT

    … 4 percent, according to World Bank data. "If the … efforts, taking along other remittance recipient countries. "The … . "Tackling informal remittance channels requires action on … efforts, taking along other remittance recipient countries. "The …

  • How Trump’s ‘Big Beautiful Bill’ is a big upset for non-resident Indians 30 May 2025 11:00 GMT

    … sending money abroad. The remittance tax which the Trump … in remittances from the US annually. In 2024, the World Bank reported … $129 billion in foreign remittances that India received came … per cent decrease in remittances to India. STORY CONTINUES …

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