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This week the meetings organized each year by the International Monetary Fund (IMF) and the World Bank are taking place, just a few weeks after episodes of financial turbulence occurred.
So far in 2022, remittances to Mexico show a lower performance in relative terms compared to other countries in the Latin American and Caribbean region such as Guatemala (+20.8%), Honduras (+20.6%), Nicaragua (+ 38.4%) and Brazil (+25.4%).
Remittances to Mexico have increased 25.6% so far this year. However, this growth is common in the region, the World Bank estimates that remittances to Latin America and the Caribbean will increase 21.6% during 2021.
In April 2021, 4,048 million USD entered Mexico in remittances, it is the second largest month exceeded only by March 2021. In 2020, the World Bank estimated that remittances worldwide could fall 19.9% in 2020, however, the latest estimates sug…
Next week we will know the International Monetary Fund's diagnosis of the state of the economy at its weekly meeting with the World Bank, which also brings together governors from central banks, finance ministers and representatives from the fi…
