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Impact of COVID-19 on Myanmar’s Migrants and Remittances
The socio-economic importance of the money sent home by Myanmar’s migrants working abroad cannot be overstated. Remittances serve to diversify and smoothen household income and are particularly critical to strengthening the financial resilience of women and rural populations. The pandemic of coronavirus disease 2019 (COVID-19), however, is having an acute effect on the livelihoods of Myanmar’s migrants and their families, with millions suffering from loss of employment and reduced income due to lockdown measures.