Remittance Flow Fails to be Captured

Remittance Flow Fails to be Captured

Bonds Structured Finance

Most Central Americans who send or receive international money transfers remain excluded from the formal financial system, according to the IDB's Multilateral Investment Fund (MIF). "We have to give these families more options to manage their own money by banking the unbanked. This is critical for economic development," says MIF manager Donald Terry. About $3bn of the money sent by CentAm expatriates is not used for immediate consumption but the potential economic impact is limited by the fact t

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial