Despite the pandemic, remittances record was broken; increased 11.3%

He President Andrés Manuel López Obrador reported that despite the pandeara del Covid-19, nationals did not stop sending money to their families in Mexico, but even broke a record, estimating that in the month of December they will receive 40 thousand 574 million pesoss, which meant an increase of 11.3% compared to 2019.

At a press conference, the head of the federal Executive thanked the migrants to those who indicated that they acted as heroes, and pointed out that because of these support, consumption in Mexico did not fall.

“Last year was an exceptional year in terms of sending resources from our migrant countrymen to their families in Mexico. It was a record and in the most difficult moments.

“The migrant countrymen acted as heroes, heroines the equivalent of doctors and nurses who are saving lives. This in the economic field, because we are already at a record figure according to the data until November, but the estimate for December, we are going to receive 40 billion dollars, of remittances“, said.

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In the National Palace, the president indicated that remittances are the main source of income in the country, and detailed that an estimated 10 million families receive these supports, at an average of 350 dollars.

“Thanks to these remittances, our consumption did not drop, despite the pandemic and the economic crisis,” he said.


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