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

Two Costa Rican Hotels Earn Forbes Recognition for Wellness and Luxury

Two standout Costa Rican properties have received prestigious recognition in recent Forbes magazine coverage, highlighting the country’s growing reputation as a global leader in...

Costa Rica Faces ₡1 Billion Bill from Home Damages Due to Fires and Floods

Natural disasters and severe weather events led to more than ₡1 billion in payouts for damaged homes last year, data from the National Insurance...

U.S. Sanctions Fuel Cuba’s Energy Meltdown – Flights Suspended

Cuba's ongoing energy shortfall has escalated into a full-scale crisis, with aviation authorities announcing a suspension of jet fuel supplies at major airports, including...

Panama rejects China’s threat over annulled port contract in the canal

Panama on Wednesday rejected China’s warning that it would pay a “high price” for annulling the contract that allowed a Hong Kong company to...

Shakira Ignites Fan Frenzy in El Salvador with Sold-Out Concert Series

Colombian singer Shakira has fans in El Salvador buzzing with anticipation as she prepares for a series of concerts in San Salvador. The superstar's...

Study Finds Half of the World’s Coral Reefs Hit by Mass Bleaching

Half of the planet’s coral reefs suffered major damage from a heatwave that occurred almost a decade ago, according to research released Tuesday, which...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica