As more Ukrainians abroad send funds home, World Bank expects remittances to Russia-linked countries to fall
The war in Ukraine is fuelling a surge in money transfers to the country as migrant workers and refugees fleeing the conflict scramble to send financial support back to their families.
The World Bank said remittances to Ukraine from other countries were expected to rise by more than 20% this year, driven by Ukrainians abroad transferring funds back to friends and family facing the severe economic impact of the Russian invasion.
