We’ve seen a significant structural break in migration flows because of the pandemic, said Yaroslav Lissovolik
, Programme Director of the Valdai Discussion Club.
According to the World Bank the reduction of remittances size in the course of this year could be in the order of 100 billion USD. If an average globally the reduction in remittances is projected to be around 20%, for Central Asia it is closer to 27-28%.
There is a need for regional development institution to look intently at some developments that are associated with respect to migration flows and remittances affected by. More ideas you can find in Yaroslav Lissovolik’s column “The migration factor in the midst of the Covid pandemic
” at valdaiclub.com on this week.