EL PASO, Texas (Border Report) – Mexicans continue to see a decline in the money their sons, daughters, spouses or parents working abroad send home.

The Bank of Mexico reports remittances fell 2.7 percent in September, the sixth consecutive year-to-year drop this year. Mexico has received $46.7 billion in remittances through the first nine months of 2025 compared to $48.4 billion in the first nine months of 2024 – that’s a 5.5 percent drop.

The decrease represents a blow to the Mexican economy (remittances equal 3.5 percent of its gross domestic product) and a disruption to a lifeline out of poverty for more than 1 million residents of rural areas south of the border.

“(A total of) 1.1 million people in Mexico have been lifted out of multidimensional poverty thanks to remittance transfe

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