The figures were unveiled by World Bank in a May 12 report. According to the new "Migration and Development Brief", the SSA diaspora sent $42 billion home in 2020 against $48 billion in 2019. According to the World Bank, this situation is due to the various restriction measures related to the covid-19 pandemic. “Defying predictions, remittance flows have proved to be resilient during the COVID-19 crisis. According to the World Bank, Egypt is among the top five destinations for global remittances in 2020.

Source: The North Africa Journal May 14, 2021 16:27 UTC