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Tuesday, May 6, 2008
Dominicans in the U.S. Sending Less Dinero Back to the Isla
According to the non-profit organization the Quisqueya Foundation, 22% of Dominicans in the U.S. will stop sending money back to the Dominican Republic. Now only about half of the Dominicans in the U.S. send money back home. In a similar study conducted in 2006, the number was 76%. Reasons cited for the drop include the faltering economy in the U.S. (meaning U.S. Dominicans have less money to send home) and anti-immigrant sentiment that has made it harder for Dominicans in the U.S. to find work.
Those that still send money back will try to make up the difference by sending more money, an expected 10% increase.
Sources : 7 Dias, Remolacha
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