It expects COVID 19-related unemployment to slash a fifth of this financial economic lifeline crucial to vulnerable communities.

The remittances sent home by Third World citizens working in wealthy countries is three times larger than the  global development aid given by those countries.

The World Bank says COVID 19 economic difficulties has caused a drop of $110 billion in remittances this year.

This  will bring it  down 20 percent to below $450-billion.

For example, remittances from Britain to Africa are down 80%, while remittances from Italy to Africa are down 90%.

This as the United Nations University predicts an increase in global poverty for the first time since 1990.

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