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A remittance is a non-commercial transfer of money by a foreign worker, a member of a diaspora community, or a citizen with familial ties abroad, for household income in their home country or homeland.
History, Regions & Measurement
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remittances countries billion money sent financial world us bank united states migrants developing according flows armenia gdp international 10 country
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Remittance | is a | non-commercial transfer of money by a foreign worker | 0.90 | text |
| MoneyGram have also been a key player for decades | instance of | 000 Western Union agents handle about 25 percent of the total global remittance traffic.Other companies | 0.80 | text |
| FXcompared | instance of | leading to the rise of comparison platforms or aggregators | 0.80 | text |
| Monito in Europe | instance of | leading to the rise of comparison platforms or aggregators | 0.80 | text |
| in Southeast Asia | instance of | leading to the rise of comparison platforms or aggregators | 0.80 | text |
| a financial crisis | instance of | is regarded as countercyclical when the economy is struck by hardship | 0.80 | text |
| a natural disaster | instance of | is regarded as countercyclical when the economy is struck by hardship | 0.80 | text |
| or political instability | instance of | is regarded as countercyclical when the economy is struck by hardship | 0.80 | text |
| Tajikistan | instance of | Asian countries | 0.80 | text |
| Nepal are among the countries that rely the most on remittances | instance of | Asian countries | 0.80 | text |
| accounting for 35 | instance of | Asian countries | 0.80 | text |
| Remittance | has effect | The | 0.60 | section |
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