Remittances to Jamaicans are up-April 10, 2021

Support from the diaspora has been a critical part of Jamaicans’ coping during the pandemic. The financial help has risen strongly over the year (+20 percent).

The best explanation has been that travel restrictions has meant fewer opportunities to bring money to the island on trips, so money transfer services have been used, instead.

Globally, the picture has been mixed, with Jamaicans being standout gainers.

Author: Dennis G Jones (aka 'The Grasshopper')

Retired International Monetary Fund economist. My blog is for organizing my ideas and thoughts about a range of topics. I was born in Jamaica, but spent 30 years being educated, living, and working in the UK. I lived in the USA for two decades, and worked and travelled abroad, extensively, throughout my careers and for pleasure. My views have a wide international perspective. Father of 3 girls. Also, married to an economist. :)