Reuters published an article on migrants in the Middle East who have been hit hard with the COVID-19 spread. IFPRI states that Egypt is bracing for a triple whammy: a collapse in tourism and falling foreign remittances - which make up nearly 9% of GDP - and Suez Canal revenues. Senior Research Fellow Clemens Breisinger commented, "Even in an optimistic scenario, poor households could lose about 160 Egyptian pounds ($10) per month - about 9% of their income - from reduced remittances." Republished in Reuters (India), Reuters (UK), Reuters Africa, Yahoo News Haaretz, Daily Hunt, MoneyWeb (South Africa), Devdiscourse, Focus Malaysia, Daily Magazine,.Namibia Press Agency, and several other major international outlets.
