Sentence examples for the remittance system from inspiring English sources

Exact(6)

While recognising that money could be transferred to terrorists in Somalia, its response is not to ban the remittance system but to try to make it more transparent.

The remittance system — and its importance in Somalia — has grown as decades of political upheaval have driven many Somalis abroad and, in recent years, as Islamists have wrested control over much of the country from a weak transitional government.

"The remittance system has become the lifeline for the Somali people and the lifeblood of the economy during the last two decades of civil strife," said Samuel Munzele Maimbo, a World Bank specialist based in Mozambique, who added that many Somalis survived only because of the money from abroad.

What does this have to do with non-doms and the remittance system?

In 1988 Britain's Inland Revenue proposed to scuttle the remittance system and tax non-doms on their worldwide income.

This selection bias may influence the apparent economic benefits of the remittance system.

Similar(54)

Investigators have begun to focus on hawalas, the informal remittance system used in much of the Arab world that has in some instances has been exploited to provide financing for Al Qaeda.

I'm passionate about discussing issues like the hawala remittance system with such diverse classmates as a practicing attorney, a SWAT-team commander, and a Suffolk County beat cop just back from a year in Falluja.

But so determined is Blair to wipe out the insurance shelter that the Finance Law's regulations (due any day now) may well go after the non-doms and their offshore contracts, too — thereby carving out an important exception to the traditional remittance system.

Africa, where countries such as Somalia have been locked out of the so-called remittance system, is proving a harder nut to crack, although Nigeria is one country on the continent for which it does offer an exchange rate.

Somalia might be one of the poorest nations in the world, but its remittance system is widely seen as a model for other nations.

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