News that doesn't receive the necessary attention.

Tuesday, January 9, 2018

Nearly a fifth of El Salvador GDP is remittances sent home from the US-NPR, 1/8/18

1/8/18, "U.S. Ends El Salvador's Protected Status, Affecting 200,000 Residents,", Bill Chappell

"TPS [temporary protected status] immigrants' home countries have often lobbied to maintain the status, in part because it smooths the process both of finding work in the U.S. and of sending money back home.

In the case of El Salvador, the U.S. said on Monday that the problems brought by the earthquakes "no longer exist." But the country...has benefited from its citizens' ability to work in the U.S. 

"Remittances are at an all-time high," [NPR's] Carrie reports.

"Those are dollars coming back home from relatives abroad. That accounts for nearly a fifth of El Salvador's GDP. That's a huge loss to such a poor country.""...


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