Remittances sent by migrants to Guatemala, El Salvador and Honduras, the Northern Triangle of Central America, exceeded US$10 billion dollars between January and July of this year, according to their central banks.
Guatemala leads with the highest flow of dollars and a growth of 10.62% in those seven months of 2018 compared to the same period last year. According to statistics released by the Central Bank of Guatemala, in the first seven months remittances reached US$5.217 billion. The remittances represent 10% of the Gross Domestic Product (GDP), according to the International Organization for Migration (IOM).
For its part, the Central Reserve Bank (BCR) of El Salvador registers the income of US$2.688 billion, with the difference that this report only covers the first half of the year. In
... continue reading article at QCOSTARICA.com Click here to go to the source article.