According to the report, remittances to low-and middle-income countries reached a record high of $529 billion in 2018, an increase of 9.6 per cent over the previous record high of $483 billion in 2017.

The claim is proven to be true, as we can verify this from the report published by World Bank.

The claim is proven to be true, as we can verify this from the report published by World Bank. The claim sating that remittances to low-and-middle-income countries reached a record high is true, as we can verify this from the World Bank reports. And the 9.6 increase in the remittances to low and middle-income countries can also be verified from the newspaper report published by NDTV. We can find relevant data on page 15, 16 & 17 ( Table No.1.1) of The Global Knowledge Partnership on Migration and Development (KNOMAD) World Bank Group report.

Reference links

World Bank

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World Bank Group

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NDTV

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