Officially recorded remittance flows to low- and middle-income countries (LMICs) are expected to increase by 4.2 percent this year to reach $630 billion. This follows an almost record recovery of 8.6 percent in 2021, according to the latest Migration and Development Brief.

Just seven days into the war, more than a million Ukrainians have left the country, and millions more are expected to migrate or seek asylum in other countries in the coming months. Remittances to Ukraine are likely to increase in 2022. The global community should support Ukrainian migrants and refugees by facilitating their journey and ensuring arrival in a safe environment.