A further decline in remittances - Editorials - Business Recorder
EDITORIAL: Remittance inflows, a desired form of foreign exchange earnings, declined July-November 2023 to 11,044.7...
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EDITORIAL: Remittance inflows, a desired form of foreign exchange earnings, declined July-November 2023 to 11,044.7...
The main contributing factors to the growth of remittances to India include declining inflation and strong labour markets in high-income source countries.
OVERSEAS Filipino worker (OFW) remittances could hit a new high of $40 billion this year, the World Bank said, growing by more than 5 percent compared to just 3.6 percent in 2022 when money sent home from abroad hit a record $36.14 billion.
This is the first surplus since June 2023
India Business News: Remittances to India are estimated to rise over 11% to $125 billion in 2023, helping it retain the top spot ahead of Mexico and China. Flows to South