Conclusion
- Authors: Tom de Bruyn and Johan Wets
- Main Title: Remittances in the Great Lakes Region , pp 71-87
- Publication Date: September 2006
- DOI: https://doi.org/10.18356/1d835a19-en
- Language: English
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Until recently, the revival of attention on issues related to remittances and development has not been reflected in the three countries studied in this paper. There is a lack of information on the characteristics of the diaspora populations as well as on the importance, volume, and utilization of remittances. In addition, the influx of official remittances is relatively low compared to other parts of the world. While all developing countries together received US$ 126 billion in 2004 – of which sub-Saharan Africa accounted for US$ 6 billion – in official remittances, the DRC, Rwanda and Burundi received, respectively, only US$ 97 million, US$ 16 million and US$ 4 million (World Bank, 2005; FEC, 2005; and interviews with national banks of Rwanda and Burundi).
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