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CentAm Remittances Seen Rising 10% in 2007

Nov 7, 2007

Remittances to Central America will grow by approximately 10% to about $12.1bn in 2007, according to the IDB's Multilateral Investment Fund (MIF). Remittances will represent at least 10% of four countries' gross domestic product: Honduras (27%),...

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At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


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