Tag: remittances


Jamaica — Net Remittances Show Decline

The flow of remittances to Jamaica showed a decline in May. According to the Bank of Jamaica, remittance inflows were valued at US$271.2 million, a 6.7% reduction compared to last year. Total net remittance inflows for January to May amounted to US$1.3 billion. That was US$38 million or 3% lower when compared to the same period in 2021. The U.S. […]