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Moody's said it raised the rating to Baa3 from Ba1 with a stable outlook because of increasing foreign exchange reserves, accelerating economic growth and higher overseas investment.
His finding revealed that migration has positively impacted sending countries by increasing foreign exchange.
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The normalization of Cuban-U.S. relations served to boost foreign travel and increase foreign exchange earnings from tourism, which generated in excess of $2 billion in 2015 and provided employment for some 120,000 Cubans.
"Now that the current account has deteriorated because of low exports, because of the prices of commodities, tourism is an easy way to increase foreign exchange earnings," said Fauzi Ichsan, a senior economist and head of government relations at Standard Chartered Bank in Jakarta.
In the asset portfolio (E table), the BOK mostly increases foreign exchange holdings.
Countries look to wildlife conservation as a means to increase GDP, increase foreign exchange earnings from tourism, provide public amenities and promote economic gain for local communities.
Although the objective of human capital upgrade through returning migrants was not met, temporary reduction of unemployment and increased foreign exchange inflow made positive contributions to development goals.
In principle, remittances were welcome by the country's authorities as they provided a boost to aggregate demand and increased foreign exchange reserves.
In recent years, with the development of the socio-economy, increased foreign exchange, and health care reform in China, medical education has undergone reform and development.
"The erosion of the Egyptian pound and its scarcity in the market increases the foreign exchange risk on one side, and slows down dramatically our cash flow" as the company and its customers "must find U.S. dollars to pay the imports," said Sadri Marathi, chief financial officer at Venus.
In mid-November 2008, Zardari's government officially sent a letter of intent to the IMF regarding a bailout to help increase its foreign exchange reserves.
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