Sentence examples for remittance price from inspiring English sources

In July 2011, the average remittance price to Africa was 10.9%.

Remittance price databases, such as the ones developed in Australia and Italy, are transparent information sources for remittance senders.

Globally, remittance prices average 9% of the sum being transferred.

The World Bank monitors remittance costs through the Remittance Prices Worldwide database.

The problem of exorbitant remittance prices has long been most intense in Africa.

Focusing efforts on these areas could bring down remittance prices, and increase the amounts that reach migrant worker's families by millions of dollars each year.

The World Bank is supporting international efforts on the 5x5 Objective, which has been endorsed by the G8 and G20 and aims to bring global remittance prices down to 5% by 2014.

While during the past decade, the average global remittance prices have dropped by almost 2.5%, a further 5% drop could result in $16 billion of extra annual income for all the recipients; blockchain can help do just that.

Another is a cut-price remittance system, NationHela, that lets Kenyans abroad wire money to a sort of debit card held by their folks back home.The digital revolution has not yet upended Africa's newspapers, but Mr Gitahi acknowledges that one day it will, as more Africans get smartphones and decent bandwidth.

Mobile operators and microfinance offices are predicted to also use the machines, causing competition for cash remittance transfers, further reducing pricing.

This, in turn, has enhanced their reputations for economic management.Little big spendersAt the start of 2009 falls in foreign-trade taxes, remittances, aid, commodity prices and capital inflows all threatened developing countries' fiscal positions, and their social spending especially.