Global remittances to India fell by 2.1% in 2015 over 2014. This was the
first annual fall since the global financial crisis of 2008.
The biggest fall happened in inflows from the Gulf region, which accounts for 52% of total annual remittances.
Falling oil prices have hurt the economies in most oil-dependent Gulf countries.
Here are the seven largest sources of remittance, which together account for 99% of annual inflows.
The biggest fall happened in inflows from the Gulf region, which accounts for 52% of total annual remittances.
Falling oil prices have hurt the economies in most oil-dependent Gulf countries.
Here are the seven largest sources of remittance, which together account for 99% of annual inflows.
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