Keeping the Lifeline Open: Remittances and markets in Somalia

zunia.org - Each year, Somali migrants around the world send approximately $1.3bn to Somalia in an expression of solidarity, faith, patriotism, and generosity. These flows represent a significant share of Somalia’s economy and help to reduce Somalia’s reliance on assistance from foreign governments and international organizations.Continued support from the Somali diaspora is essential for Somalia to successfully emerge from its protracted humanitarian emergency and political crisis and build the foundations for its long-term development.