Guatemala: Remittances Present A Mixed Case

July 2006
Emerging Markets Monitor;7/31/2006, Vol. 12 Issue 16, p16
Country Report
Country Report
The article reports on the increasing migrant remittance flows in Guatemala as of July 2006. It estimates that remittances will increase to about US$3.50 billion in 2006, based on data from the Banco Central de Guatemala. The International Organization for Migration estimated in 2005 that 8% of Guatemalan citizens were resident abroad, with 97% of them in the U.S. Several legislators have promised stricter immigration laws.


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