(Reuters) - Cash sent home by Mexicans living abroad fell 5.5 percent
in May, the first fall since 1999, and countries across Latin
America forecast that the growth of remittance flows will slow
substantially this year.
"Remittances will definitely suffer a slowdown. We cannot
depend only on remittances. We must increase our productive
base, especially our exports," Honduras' central bank
president, Gabriela Nunez, told Reuters this week.
Read more at Reuters.com Bonds News
in May, the first fall since 1999, and countries across Latin
America forecast that the growth of remittance flows will slow
substantially this year.
"Remittances will definitely suffer a slowdown. We cannot
depend only on remittances. We must increase our productive
base, especially our exports," Honduras' central bank
president, Gabriela Nunez, told Reuters this week.
Read more at Reuters.com Bonds News
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