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Ecuador's Original English Language Newspaper

Remittances from abroad surpass $4 billion annually, often enriching illicit activity

Published on March 15, 2022
Facebook Twitter Google+ LinkedIn In 2021, the arrival of remittances to Ecuador broke historical records for two consecutive quarters. Although this money helps the economy of the Austro cantons, part of it feeds mafias of human traffickers and informal moneylenders. According to data from the Central Bank, between January and September 2021, Ecuador received remittances […]

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