These are the countries most affected by the falling remittances sparked by the Covid-19 pandemic

Youyou Zhou
These are the countries most affected by the falling remittances sparked by the Covid-19 pandemic

Remittances—the money immigrants send back to their home countries—will be lower this year due to the Covid-19 pandemic. While Covid-19 hasn’t led to large casualties in countries like Haiti (25 cases, 1 deaths) and Tonga (no cases), they are experiencing an economic shock caused by lower remittance inflows. Remittances are a key source of capital income for poorer countries.