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Remittances up between January and May

Jamaica recorded a 5.6% increase in remittances between January and May.
 
Net remittances totalled US$795.3m which represented a growth of  US$42.1m or 5.6% compared to last year. The out-turn reflected an increase in gross inflows amid a reduction in  outflows. 
 
During the five months total remittance inflows amounted to US$886.8m, representing an increase of  US$32.6m or 3.8%.


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