If the cost of transmitting $250 billion of remittances each year is cut by say 5 percentage points, users will gain by $12.5 billion. This is equivalent to the World Bank's annual IDA funding to low-income countries.
If the cost of transmitting $250 billion of remittances each year is cut by say 5 percentage points, users will gain by $12.5 billion. This is equivalent to the World Bank's annual IDA funding to low-income countries.
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