Every year, the Somali diaspora sends home approximately $1.3bn. But this system of remittances to Somalia is under threat, particularly in the US and the UK.
International agency Oxfam today called for a multi-million dollar post-Ebola ‘Marshall Plan’ to put the three West Africa countries hit by the crisis back on their feet.
Nine of the G20 countries have failed to deliver adequate support in the fight against Ebola despite calls for more help and the fact they are the largest economies in the world, Oxfam says today.
A Eurozone breakup could cost the world’s poorest countries $30 billion in lost trade and foreign investment, international agency Oxfam has warned ahead of the G20 leaders meeting in Mexico to discuss the state of the global economy.