Panama Wires $ 123 million
In the first half of 2010, funds sent abroad totaled $ 123 million, $ 12 million more than the same period 2009.
Tuesday, October 5, 2010
Recipient countries are Colombia with $ 43 million, United States with $ 14 million, China with $ 12 million and Nicaragua with $ 6 million, according to information from the Ministry of Commerce and Industry (MTI).
Up to September 2011, the country received a total of $269.9 million, up 40% compared to the same period in 2010.
During the first quarter of the year remittance flows sent to the country increased by 7.8% compared to the same period in 2013.
In 2011 remittances grew by 5% compared to 2010; so far 2012 the amounts have already exceed those from the same period in 2009, making up 10%-11% of Guatemala's GDP.
Remittance income in August 2011 has reported a 4.8% increase compared to the same period in 2010.
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