Mexican remittances on the rise
Why are Mexicans working abroad sending more money home? As Mexican remittances reached record levels last year Caroline Bayley explores their significance to the Mexican economy.
Why are Mexicans working abroad sending more money back home? Last year total remittance payments for Mexico reached a record of nearly $27bn – most of that came from Mexicans working in the United States. But it’s a sensitive time with President Trump determined to clamp down on illegal immigrants and build a wall along the US-Mexican border. Caroline Bayley asks how significant those payments are to relatives back home and the Mexican economy as a whole.
(Image: Mexican farmer and his wife. Copyright: BBC)