•Remittances increased in 2021 due to digitally
based systems.
• Remittances increased in 2021 because costs increased.
•Remittances decreased due to the switch away from a cash system.
• Remittances in 2021 decreased as migration decreased.
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The statement that is true about remittances in the past year is: "Remittances increased in 2021 due to digitally based systems."
This reflects the trend where the use of digital platforms for money transfers became more prevalent, allowing for greater efficiency and accessibility in sending remittances.
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