JAKARTA -- The coronavirus pandemic has already disrupted the lives of poor people in Southeast Asia, but it threatens to deal a further blow by cutting a vital source of income -- remittances.
Inflows from US and Middle East may plunge, hitting vital source of income
Filipinos, seen here at a remittance counter in Makati City in Manila, are expected to suffer the most from a fall in remittances from overseas as the coronavirus pandemic leads to job losses and pay cuts. © Reuters
JAKARTA -- The coronavirus pandemic has already disrupted the lives of poor people in Southeast Asia, but it threatens to deal a further blow by cutting a vital source of income -- remittances.