Bloomberg
US · 1 hrs ago
✦ 78◉ Centre
Myanmar Junta’s Forced Remittance Rules Pull in $5.6 Billion
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Credibility 78/100
Partisan intensity 35/100
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◉ Centre ✓ Fair headline
Myanmar's military junta has implemented policies requiring migrant workers to send remittances home, making migrant money transfers the country's largest source of foreign exchange inflow at $5.6 billion according to finance ministry data.
Myanmar Junta’s Forced Remittance Rules Pull in $5.6 Billion
Myanmar has turned migrant remittances into its biggest source of foreign inflows, finance ministry data seen by Bloomberg News show, after the military imposed rules that pressure citizens abroad to send money home.
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