Remittance Fees Cost Rwandans Billions

The high fees to send money home is affecting migrants' contribution to the development of the country, says a World Bank report.

Rwanda: Remittance Fees Cost Rwandans Billions

The New Times, 29 January 2013

Rwandans living abroad could be sending more money back home if remittance fees were not too high, the World Bank says in a report. read more »

A migrant worker (file photo).

East Africa: World Bank Recognizes Regional Growth

East African Business Week, 22 January 2013

Last week, the World Bank released a very comprehensive report so far of the world's economic outlook. read more »
Rwanda: Reducing Remittance Fees Vital for Developing Countries (editorial)

The New Times, 3 December 2012

A new report indicates that costs of sending remittances to low developed countries are as high as 20 per cent of the amount transferred which is about a third more than the global ... read more »
Rwanda: High Transfer Costs Hinder Remittances - Report

The New Times, 28 November 2012

Governments of the Least Developed Countries (LDCs) should embark on a reduction of transfer costs of remittances if money sent home by their nationals in the Diaspora is to make ... read more »
Rwanda: Remittances Peak At U.S $80 Million in First Half of 2012

The New Times, 16 October 2012

Remittances from Rwandans living abroad reached US$80 million within the first six months of this year, which indicates the members of the Diaspora's increased involvement in the ... read more »

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