Honduras records 7.3 percent increase in remittances in first half of 2023

INSUBCONTINENT EXCLUSIVE:
In the first half of 2023, Honduras received US$4.509 billion in remittances, marking a 7.3% rise compared to the same period in 2022, as
About 72.8% of Hondurans abroad contribute an average monthly remittance of US$626.3.The US, where over a million Hondurans reside, accounts
for over 70% of these remittances.Honduras records 7.3 percent increase in remittances in first half of 2023
(Photo Internet reproduction)Spain, Mexico, and Panama follow, with the remaining 7.9% primarily coming from Belize and Costa Rica.The
as food, health services, and education.Mothers are the primary recipients at 37.4%, followed by siblings, spouses, fathers, and
and shrimp.