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April 20, 2017
Last year more than $ 5 billion in remittances
Dominicans and foreigners transferred in 2016 more than 5 billion dollars to family and friends in the Dominican Republic. Compared to 2015, an increase of 8.1%. Usually the transfer (remesas familiares) runs via Western Union, Ria Envia or MoneyGram and the average amount is $ 250. After the tourism industry and export of fruit and vegetables, this is the third source of revenue for the country.
Western Union
Most of the transfers are made from the United States (70.39%).
Spain is second with 15.53%.
In Sosúa, hundreds of families depend on money from abroad.
Just visit the Western Unión office opposite Supermercado Playero, there you can see a line of people all day who come to collect money.
Money transferred from the USA, Spain, Germany, or money from a gringo who wants to support his sweetheart.
Unemployment among the people of Sosúa is very high.
At least 60% of young people is unemployed.
But thanks to these donations many families can survive in Sosúa.
But it also has a negative effect:
it seems the youth is discouraged to look for work and contribute to the economic development of the country.
Source: www.acento.com.do
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