Tag Archives: remittances

Remittance payments hit record in 2017: World Bank Washington, United States | AFP |  Payments from immigrants back to their home countries rebounded to reach a new record in 2017 but the costs of transferring funds also increased, the World Bank said Monday. Uganda’s remittance inflows improved from $1.1 billion  …

By Julius Businge Uganda, which is the third largest economy in East Africa expects to record over $700million as remittances earned by Ugandans living in foreign countries, a top Bank of Uganda official has said. Speaking to journalists at the Bank’s head office in Kampala on Dec. 4, Adam Mugume, …