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The remittances crunch - Newspaper

The increasing cost of living in Saudi Arabia and the United Arab Emirates poses a potential obstacle to sending additional foreign exchange back home.

United statesUnited kingdomUnited arab emiratesSaudi arabiaWorld bankDiaspora financesPrivate capital mobilisationState bankCapital gain taxDeemed income taxFinance billMiddle east

Foreign exchange issues are diverting remittance inflow to unofficial channels in Sub-Saharan Africa - World Bank

The World Bank says foreign exchange issues are diverting remittance inflow to the Sub-Sahara region from official to unofficial channels.

Central bankWorld bankDevelopment briefDiaspora financesPrivate capitalSub saharan africaBretton woodsSub saharan africanNairametrics app

World Bank approves $350mn financing for Pakistan - Pakistan

Funds are to be used for Second Resilient Institutions for Sustainable Economy Operation, which aims to strengthen fiscal management

Najy benhassineDerek hc chenWorld bankTask team leaderWorld bank countryExecutive directorsSecond resilient institutionsSustainable economyWorld bank country directorDiaspora financesPrivate capitalSecond resilient institutions for sustainable economy rise ii operationPakistan loansWorld bank projectsWorld bank pakistanWorld bank loan

India tops remittance flows at $125 billion in 2023: World Bank

India tops remittance flows at $125 billion in 2023: World Bank
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World bankDistrict of columbiaUnited statesUnited kingdomNew delhiSri lankaSouth asianGross domestic productDiaspora financesPrivate capital

World Bank projects drop in remittance flows - Business Recorder

ISLAMABAD: The World Bank has projected a drop in remittance flows to Pakistan to $24 billion in 2023 and further.

El salvadorSri lankaUnited kingdomSaudi arabiaUnited statesWorld bankOrganization of the petroleum exporting countriesInternational monetary fundPakistan remittance initiativeDiaspora financesPrivate capitalNorth africanSouth asiaSouth asianPetroleum exporting countriesBusiness recorder

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