“South Asia is the second-largest remittance receiving region in the world, while India is the single-largest country recipient, clocking in at $83 billion in the year 2019. Two countries alone – the United Arab Emirates and Saudi Arabia – account for nearly 40% of all remittances to South Asia.”
-Afshin Molavi, writing for the Arab Gulf States Institute in Washington (AGSIW), examines the impact of contracting Gulf economies on the flow of remittances to South Asia. [AGSIW]
