This is indicated in a new report, Sending Money Home: Contributing to the SDGs, One Family at a Time, released by the International Fund for Agricultural Development (IFAD) today. The report the first-ever study of a 10-year trend in migration and remittance flows over the period 2007-2016. Migration flows and the remittances that migrants send home are having large-scale impacts on the global economy and political landscape. The money migrants send home averages less than one per cent of their host country’s GDP. The top ten sending countries account for almost half of annual flows, led by the United States, Saudi Arabia and the Russian Federation.

Source: News Business Ethiopia June 14, 2017 16:01 UTC