As the Venezuelan diaspora earns ever greater income,
they’re sending more to struggling relatives back home. Remittances surged to
$1.5 billion in 2017 and will climb a further 60 percent this year to $2.4
billion, according to Caracas-based consultancy Ecoanalitica. This is a paltry
sum, compared to the riches that a good year of oil exports can generate. And
it’s just a fraction of what traditional remittance-dependent nations receive.
(Tiny El Salvador, for instance, takes in some $5 billion a year.) More… 
Tuesday, October 2, 2018
Venezuelan Refugees Send Billions Back Home, Helping the Lucky Survive
As the Venezuelan diaspora earns ever greater income,
they’re sending more to struggling relatives back home. Remittances surged to
$1.5 billion in 2017 and will climb a further 60 percent this year to $2.4
billion, according to Caracas-based consultancy Ecoanalitica. This is a paltry
sum, compared to the riches that a good year of oil exports can generate. And
it’s just a fraction of what traditional remittance-dependent nations receive.
(Tiny El Salvador, for instance, takes in some $5 billion a year.) More… 
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