Advertisement

Remittances decline by US$18m

US$18 million less in remittances came into the country for the month of April, compared with April 2022.
 
The Bank of Jamaica says the six-point-eight per cent reduction brings net remittance inflows to US$253 million for the month.
 
Inflows via Remittance Companies fell by seven per cent.
 
This was, however, offset by a two-point-five per cent increase in inflows via Other Remittance channels.
 
For January to April this year, US$998.1 million came into the country as remittances, US$4.4 million more than the similar period last year.


comments powered by Disqus
Most Popular
Adidas offers JAAA 8 year $6 billion contract
CariCRIS moves outlook for JN Group from...