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What role are remittances playing in the COVID-19 response and recovery? - Expert Answers

In this video, remittances and COVID-19 recover are linked and discussed. Despite COVID-19, remittance flows remained resilient in 2020, registering a smaller decline than previously projected. Officially recorded remittance flows to low- and middle-income countries reached $540 billion in 2020, just 1.6 percent below the 2019 total of $548 billion, according to the latest Migration and Development Brief.