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Money Migrants send home

(via IHT) Some migrant data : The number of international migrants has more than doubled since 1970. Worldwide, one in every 35 persons is now a migrant. In 1970, money sent home by international migrants to developing countries through official channels amounted to $2 billion. By 2003 the figure was $93 billion. If unofficial transfers are also counted, the volume of such remittances could be double this amount. These figures are staggering, exceeding the $68.5 billion that rich countries currently spend on official development assistance. read more >>>

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