Quantifying the Lifeline: A Detailed Look at the Global Remittance Market Size
The global Remittance Market Size is staggering, with formally recorded flows amounting to hundreds of billions of dollars annually. This colossal figure underscores the market's critical role as a major source of external financing for low- and middle-income countries, often surpassing the total amount of foreign direct investment (FDI) and official development assistance (ODA)...
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