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Remittances, defined as monetary transfers made by migrants to their home countries, play a crucial role in global economies and the livelihoods of individuals and families. In some countries, remittances account for more than 30% of the total economic output.
India is the world's top receiver of remittances, claiming more than 12% of the world's remittances in 2015. [29] [30] Indians living overseas are the world's largest diaspora. As per the Ministry of Overseas Indian Affairs (MOIA), remittance is received from the approximately 35 million members of the Indian diaspora. [31]
The World Bank was created at the 1944 Bretton Woods Conference, along with the International Monetary Fund (IMF). The president of the World Bank is traditionally an American. [12] The World Bank and the IMF are both based in Washington, D.C., and work closely with each other.
Mexico is the third largest remittance receiving country in the world, with a total of $25.7 billion received in 2015. [3] The vast majority of these remittances come from the U.S. In all, only $500 million of the $25.7 billion in remittances came from sources other than the United States. [3]
Between 2004 and 2013, the World Bank committed to lend or give at least $338 billion, according to bank data. Its private-lending affiliate, the International Finance Corporation, committed to invest at least $116 billion during the same period in corporations and other banks in pursuit of the overall goal of alleviating poverty.
PTV World is a 24-hour Pakistani English-language international news channel. [1] It is a state-owned channel as a part of Pakistan Television Corporation.The service is also aimed at the overseas market and broadcast through satellite and online platforms similar to BBC World News, Arirang TV, TRT World, Deutsche Welle, ANC, France 24, CGTN, VOA, NHK World-Japan, RT.
Remittances to Bangladesh are money transfers (remittances) sent by the Bangladeshi diaspora to Bangladesh. According to the World Bank , Bangladesh is the 7th highest recipient of remittances in the world [ 1 ] with almost $22.1 billion in 2021 and was the third highest recipient of remittances in South Asia . [ 2 ]
7 News Urdu: 2016 Lahore [1] Suno News HD 10 October 2022 [2] 24 Digital: 2015 92 News: 6 February 2015 [3] Aaj News: 23 March 2005 Karachi [4] Abb Takk News: 19 April 2013 [5] Apna News 14 October 2004 [6] ARY News: 26 September 2004 [7] BOL News: 25 December 2016 [8] Capital TV 10 April 2013 Islamabad [9] Channel ۵ (5) 2008 Lahore [10] City ...