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Peru remittances reached US$635 million in 3Q 2010
Andina ^ | December 3, 2010

Posted on 12/06/2010 9:33:33 PM PST by La Lydia

Lima - Remittance flow sent by overseas Peruvians to their relatives in Peru reached US$ 635 million in the third quarter this year, Central Reserve Bank of Peru (BCR) reported Monday. This figure is the highest of this year representing a 3.9 percent growth over the same period in 2009. So far this year, remittances have reached US$1.83 billion.

During the third quarter, remittances channeled through banks jumped 8.1 percent from US$266 million in the same third quarter 2009 to US$288 million in the same period this year.


TOPICS: Business/Economy; Foreign Affairs
KEYWORDS: benefits; immigrants
For some, the US economy seems to be chugging along very well. Nearly $2 billion sent oversees by immigrants, and that is just the banks, doesn't include the money transfer services.
1 posted on 12/06/2010 9:33:37 PM PST by La Lydia
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To: La Lydia

Foreigners are milking the United States to their own damned advantage — they’re killing us.

Deport them all!


2 posted on 12/06/2010 9:35:17 PM PST by SatinDoll (NO FOREIGN NATIONALS AS OUR PRESIDENT!)
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To: La Lydia

The thing I love about globalists of both parties is that billions transferred out of our country, the influx of millions of illegals, and outsourcing our entire manufacturing base overseas is supposed to be good for us.

If that is supposed to be good for us, then I guess billions that stay in our country, no illegals in this country, and a country that manufactures its own goods is supposed to be bad for us.

But hey, we still have the financial services industry and Wall Street and the trillions of dollars in taxpayers bail outs, interest free money, and subsidies to make us feel good about ourselves.

Well, I spoke too soon, I forgot we bailed out a multitude of foreign banks and corporations also.

I stand in awe of the generosity of the American taxpayer.

We know how to take care of everybody except the people who matter the most: ourselves.


3 posted on 12/06/2010 9:46:33 PM PST by radpolis (Liberals: You will never find a more wretched hive of scum and villainy)
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To: radpolis

I have gotten flamed on this forum on more than one occasion for suggesting that a 15 percent tax should be levied on these remittances going out of the country and turned over to the states to use for medical care and other benefits the feds force them to provide illegal aliens.


4 posted on 12/06/2010 9:51:25 PM PST by La Lydia
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To: La Lydia

Mexico alone receives $20 billion a year in remittances from the US.


5 posted on 12/06/2010 10:23:11 PM PST by kabar
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To: kabar

Taxing that would go a ways toward paying for their freebie benefits.


6 posted on 12/07/2010 6:50:32 AM PST by La Lydia
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