Remittance


Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.
Related to Remittance: Western Union

Remittance

1. See: Remit.

2. See: Migrants' remittance.
References in periodicals archive ?
Cash remittances were supported by the increase in transfers from both land-based workers by 4 percent and by sea-based workers by 5.
Globally, the US was the largest remittance source in the world in 2014, at an estimated $56 billion in outward flows, followed by Saudi Arabia ($37 billion), it should not come as surprise for anyone that these countries are also the leading source of remittances for Pakistan.
ISLAMABAD -- The remittances sent by the Overseas Pakistanis working abroad during the last five years witnessed an aggregate annual growth of 8.
In a report, HSBC Global Research said OFW remittances may rise 4.
Moreover, it could encourage remittance flows through legal sources.
Special focus by the Ministry of Finance and the State Bank of Pakistan (SBP) through Pakistan Remittance Initiative (PRI) has helped increase the remittances to Pakistan through legal channels from USD11.
In comparison, remittance inflows to developing countries contracted by 2.
He further said, Remittance is playing a significant role in contributing towards sustainable economic growth, livelihood and prosperity of Pakistanis all around the world.
The event which is believed to create a key platform to enhance Diaspora investment and boost remittance earnings.
We are very pleased that the 2016 World Bank Group Report supports our assertion that, despite market fluctuations, remittance corridors from the GCC to the rest of the world remain robust.
In reality though, remittance workers and their impacts are everywhere and they say a good deal about the changing face of labour, people movement and human geography.
Tajikistan is the world's most remittance dependent country, with remittances constituting 49 percent of GDP in 2013, and for Armenia remittances were 21 percent of GDP.