No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveRemittances to Guatemala Hit record in 2007

Remittances to Guatemala Hit record in 2007

GUATEMALA CITY — The sending of remittances from abroad back to Guatemala hit a record level of nearly $4.13 billion in 2007, despite the increase in the deportation of undocumented Guatemalans from the United States.

Guatemala’s central bank said Thursday on its Web page that remittances sent home to their families by people working abroad last year exceeded the 2006 level by $518.6 million. Despite the fact that last year U.S. immigration authorities increased the deportations of undocumented Guatemalans, remittances back to this Central American country did not decline.

 

Trending Now

2025 Gold Cup: Honduras Advances After Dramatic Shootout, Mexico Ends Goal Drought

Honduras, with a surprising and dramatic penalty shootout victory over Panama, and Mexico, with a lackluster win against Saudi Arabia, advanced Saturday to the...

Costa Rica Introduces New ₡500 Coin: Old One No Longer Valid

Visitors to Costa Rica this month should be aware of an important change to the country’s currency. As of Tuesday, July 1, the old...

Retired Nicaraguan Army Captain Sentenced to 50 Years for Treason

A retired military officer was sentenced to 50 years in prison in Nicaragua for the crime of "treason against the homeland," his family denounced...

Protests Rise Over Panama Canal’s New Water Project

Panama’s President José Raúl Mulino on Tuesday defended the construction of a new reservoir for the interoceanic canal and criticized those who oppose the...

Costa Rica Maintains Economic Stability Amid Global Tensions

Costa Rica is holding steady economically despite global tensions sparked by conflicts involving Israel, the United States, and Iran, according to Federico Quesada Chaves,...

A Costa Rica Love Story: From Rustic Cabina to Separate Dreams

My Tica wife and I have been together for over a quarter century. When we met, I was living a simple life here. Three...
Avatar
spot_img
Costa Rica Tours
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica