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Guatemala Remittances Increase 7.8%

May 22, 2011

Remittances to Guatemala increased 7.8% in April, to $371m from $344m the year before, when they grew by only 1.4% from 2009, according to a report by JPMorgan....

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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