Sunday, 9 August 2020

Guatemala remittances hit record US$1 Billion a month

For the first time in its history, Guatemala received $1 billion (7.7 billion Quetzales) from its emigrants in remittances in a single month.

The record was set last month. And from January through October remittances totaled $8.7 billion, a year-on-year increase of 13.8%.

The trend in October has continued since May when a high of US$974 million dollars was recorded, attributed at that time to the effect of Mother’s Day; in July for US$947 million and in August for US$980 million, according to official figures.

- paying the bills -

 

- paying the bills -
- paying the bills -
Q Costa Rica
Q Costa Rica
Reports by QCR staff

Related Articles

UN: Violence, COVID-19 Create Displacement Crisis in Central America

The U.N. refugee agency UNHCR reports worsening violence and hardship caused...

Central American migrants: The tragedy in the midst of the pandemic

Those who stayed face a precarious reality, with job losses, overcrowding,...

MOST READ

MEIC validated foreign travel insurance for first reopening flight passengers

(QCOSTARICA) The Ministry of Economy, Industry and Commerce (MEIC) authorized the use of travel policies, issued by international insurers, on the first reopening flight...

Caturga asks to allow flights from the U.S. to Guanacaste

(QCOSTARICA) The Guanacaste Chamber of Tourism (Caturgua) is requesting that the Government allow the arrival of tourists from the United States this month of...

Costa Rica reaches 200 dead five months into pandemic

(QCOSTARICA) This Thursday, August 6, five months since the first case of the novel coronavirus was reported in Costa Rica, the country reports 200...

Lufthansa confirms 2 weekly flights with Costa Rica

(QCOSTARICA) Lufthansa, the German airline, confirmed that it will operate 2 weekly flights between Frankfurt, Germany (FRA) and San Jose, Costa Rica (SJO). Through a...

Prosecutor’s Office: suspect drowned tourist in the sea and stole her cell phone

(QCOSTARICA) Mexican tourist María Trinidad Matus Tenorio was drowned on the beach of Santa Teresa in Cóbano, and the alleged suspect in killing her...

Covid-19 in Costa Rica: More than 20,000 cases; 100 patients in ICU

(QCOSTARICA) At one day away from the first caser five months after the first COVID-19 patient was reported in Costa Rica, the cumulative number...

Let's Keep This Going!

To be updated with all the latest news and information about Costa Rica and Latin America.