People remit money out of: sheer personal sacrifices and disposable incomes available to them. With high inflation and soaring bills mounting in countries like the UK, it is becoming a challenge to make remittances amid looming fuel poverty. Whats more, the reality is that by next year, there would obviously be significant reduction in remittance flow to developing countries.
However, for some ingenious people, there is a new dimension of remittances from developing countries to developed countries, as it appears access to 'quick cash' is rampant. Could we have some contributions on remittances from Africa to developed countries. Perhaps, with the current predictions and warnings from professionals and policy makers and analyst, it appears the economic recession has just begun.