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Yemen receives $ 1.5 billion in remittances in 2010 – WB report
[The Source: SANA'A/hadharamaut.info/sabanews.net - 08/01/2011]
The remittances by Yemeni expatriates
increased remarkably in 2010 to $ 1.5 billion, from $ 1.3 billion in 2009,
an international report has said.
About 1.13 million Yemeni expatriates
transferred $ 1.5 billion to their country last year and the remittances are
expected to further increase in the coming two years, the report issued by the
World Bank said. Yemen
was ranked the seventh among the top ten largest remittance-receiving countries
and the fourth among the top ten remittance-receiving poor countries in the
MENA region, the report, titled facts of migration and remittances 2010, said.
The ten poor countries were Sudan,
Tajikistan, Haiti, Yemen,
the West Bank, Gaza, Togo,
Ivory Coast, Myanmar, Cameroon
and Tonga.
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