Sentence examples for remittance money from inspiring English sources

These include the Kenyan Diaspora Bond, through which remittance money can be invested in specific projects.

To channel remittance money into government-approved development projects, some countries try to lure immigrant cash into special bonds.

In April, Australia's Westpac bank became the latest foreign bank to stop transferring remittance money to war-torn Somalia.

It's known as remittance money, and in 2012 it topped $530bn£335bnbn), according to the latest World Bank figures.

She said that Guatemalan workers in the US are often concerned about what happens to the remittance money they send home.

Technology, notably mobile phones and online banking, and competition between remittance agencies, make exchanging money between individuals ever easier, safer and cheaper.Even if some remittance money is "wasted" (in development terms) on consumer goods, the flow of cash boosts demand in recipient economies and supplies precious hard currency.

Remittances – money sent home by people working abroad – are hugely important in developing countries.

These remittances – money sent home, basically – feed hungry mouths, educate ambitious youngsters, and help to start new companies.

Revenues from pre-paid cards, remittances, money orders, cheque cashing and payday lending were $338 billion in 2010 and may well rise to $520 billion by 2015.

These figures, I should make clear, do not include emigrants' remittances – money given by people working in developed countries to their families back home.

Another driver of economic growth has been the inflow of remittances — money sent home by Bangladeshis who have sought employment abroad.