El Salvador: Remittances Up 9%

As of April, family remittances so far this year totaled $1.730 billion, registering a 9% increase compared to the same period of the previous year.

Friday, May 18, 2018

From a report by the Central Bank of Honduras:

El Salvador received US $1.729.6 billion in family remittances as of April 2018, with a growth of 9.2% and exceeding by US $145.7 million the income received under this concept in the same period of the previous year, the Central Reserve Bank reported. 

In the month of April, US $490.8 million was received, which is up 20.4% compared to the same month of the previous year.

During this period, remittances from 137 countries were received: $1.6141 billion was received from the United States, equivalent to 93.3% of total remittances, including cash and recharges, followed by the European Union with US $16.2 million (0.9%) and Canada with US $15.1 million (0.9%).

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