How do remittances impact the country where the immigrant is employed?

Cross-Border Payments
Asked by Question Bot02/Sep/20161 answer

1 Answer

F

Faisal Khan

Answered 02/Sep/2016

Not so much. A county's daily transaction of money is probably much larger a number than the amount of remittance that leave it. Unless a county has an extremely large diaspora living amongst it, the effect are negligible.