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$ 105.3 million less in remittances

Posted On 25 Sep 2015


remesass-ecuadortimes-ecuadornewsIn the first half of the year, the amount of money coming into the country from abroad fell to $ 105.3 million compared to the same period of 2014, a drop equivalent to 9%, according to data from the Central Bank of Ecuador (BCE for its Spanish acronym). 

Additionally, the output of remittances to other countries rose by 33.68% ($ 29.73 million).

 

In the first six months of this year $1,125.8 million came to Ecuador, while that last year in this period the country received $ 1,231.1 million.

The most significant decreases came from Spain and Italy, with falls of 25% and 20%, in that order. However, remittances from the United States rose by 4%.

 

 

Source: http://www.eluniverso.com/noticias/2015/09/25/nota/5145755/1053-millones-menos-remesas

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