FEATURE: Making Christmas for family back home The amount of money sent abroad to relatives is set to rise by £4 billion, with families in Britain leading the way by LeahMahon_ remittances
AS THOUSANDS of families settle down for the Christmas season in Britain, there are many others that will be making sure their families across the world also have a festive season to remember.
The remittances market is predicted to increase by £4.1 billion by 2026 with the UK being dubbed a “major send country” after a 30% growth spurt in 2021.that sending money to Nigeria has always been a “duty”. He says: “I saw my parents doing it. My parents used to do it by post to their cousins, siblings and my mother. My father’s mother died when he was young [so needed financial support].
However, the sense of responsibility, Kenya admits, it’s just a “cultural thing,” a part of her personality and “doesn’t really think about it” despite expecting to send more money over during the Christmas period especially. Ishamel also says that the sense of duty to provide for others less fortunate back home continues despite the rising costs to live, and especially as millions in Africa and the Caribbean prepare to celebrate Christmas. He adds that it’s important to “send something as a family” and his reasons for doing so are simple.
Persistent economic deprivation in these countries has its roots in colonialism, and that some of these countries have only existed independently for less than 100 years.
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