VOL. XLVII

No 13

29-March-2004

BUDGETS AND REVENUES

Workers’ Remittances To MENA Region Hit $14Bn In 2002, Says World Bank

Workers’ remittances to the Middle East and North Africa region hit an estimated $14bn in 2002, according to figures published recently by the World Bank in World Development Finance 2003. Remittances to the region have been growing gradually year by year from $8.6bn in 1995 and in 2002 are estimated to have made up 17.5% of total remittances received by...