<p>&#8220;Officially recorded remittances to low- and middle-income countries (LMICs) are expected to reach $685 billion in 2024. The true size of remittances, including flows through informal channels, is also believed to be even larger. The growth rate of remittances in 2024 is estimated to be 5.8 percent, significantly higher than 1.2 percent registered in 2023&#8230; [&#8230;]</p> <p>The post <a href="https://humanprogress.org/remittances-to-poor-countries-reached-685-billion-in-2024/">Remittances to Poor Countries Reached $685 Billion in 2024</a> appeared first on <a href="https://humanprogress.org">Human Progress</a>.</p>