Abstract

Soon after the global lockdown following the declaration of Pandemic, in April 2020, The World Bank experts suggested that remittance flows were expected to drop by about $100 billion, or 20 per cent, in 2020 (World Bank, 2020). Understandably this was thought to be due to a decline in wages and employment, especially in immigration countries. Nevertheless, earlier work shown that in times of crisis, remittances show resilience in many places (Sirkeci et al., 2012) and this was evidently the case during the Pandemic according to the IMF (International Monetary Fund) estimations (Quayyum and Kpodar, 2020). There was a dip for a couple of months (March and April) in many corridors while some others continued to rise and overall remittances bounced back in summer 2020. The full picture is yet to be seen, though.