Remittances are worth more and can often be more effective for development than foreign aid.

Question

Quizplus · Accepted Answer

Remittances, the money sent home by migrants, often exceed the amount of foreign aid received by a country and can be more directly beneficial to the families receiving them, contributing to poverty reduction, education, and health improvements, thus having a significant impact on development at the grassroots level.

Remittances Are Worth More and Can Often Be More Effective