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Ecuador's Original English Language Newspaper

Remittances from abroad contribute more to Ecuador’s economy than tourism

Published on January 16, 2023
Facebook Twitter Google+ LinkedIn Remittances are a liquidity option for Ecuadorian households, which use these resources to pay for basic services. The remittances that Ecuador receives from citizens working abroad totaled $4.468 billion in 2022, according to the forecast of the World Bank. This represents 3.87% of the Gross Domestic Product (GDP). This figure is […]

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