Sentence examples for of the remittance from inspiring English sources

"The potential impact of the closure of the remittance industry in Somalia would be devastating," Ali said.

The smoothing hypothesis is that remittances are countercyclical with respect to income in the worker's country of origin (the recipient of the remittance), while procyclical with respect to income in the migrant's host country (the sender of the remittance).

The pilot scheme will be developed to test and establish audit mechanisms to track payments at the sending, clearing and receiving stages of the remittance process.

The pilot scheme will be developed to establish and test audit mechanisms to track payments at the sending, clearing and receiving stages of the remittance process.

That transaction creates a foreign currency asset equivalent to the size of the remittance, which can be used as collateral for borrowing cheaply and over the long term in overseas capital markets.

In an interview in Manila, Vivian F. Tornea, a director at the Department of Labor's Overseas Workers Welfare Administration, said the benefits of the remittance economy far outweighed the costs.

Despite an extensive literature on the microeconomic determinants of remittances, the remittance behavior of migrants from developing countries, such as Morocco, remains poorly or partially known.

"About half of the remittances to Mexico are to rural areas," Mr. Barhydt says.

But when adjusted for inflation, the value of the remittances is actually expected to decline.

The flow of money out of Mexico is believed to be a tiny fraction of the remittances still arriving.

Furthermore, the departure of tens of thousands of migrant Sahel workers from Libya means an end of the remittances they send home.