News

The first crypto remittances used Bitcoin to power international money transfers. Today, however, stablecoins have emerged as ...
As a share of gross domestic product, the top recipients are smaller and poorer countries that face economic hardships and fragility: Lebanon (38% of GDP), Samoa (34%), Tajikistan (32%), and Tonga ...
The Philippine central bank is forecasting the country's current account deficit to narrow to 3.3% of gross domestic product ...
The United States’ (US) plan to tax the money sent home by foreign workers, including overseas Filipino workers (OFWs), has ...
Gross Domestic Product (GDP) includes consumer spending, government spending, net exports, and total investments. It functions as a comprehensive scorecard of a country’s economic health.
ASUNCIÓN, Paraguay, May 29 (UPI) --A proposed 3.5% tax on remittances from the United States could cost some Latin American countries up to half a percentage point of gross domestic product ...
REMITTANCE inflows to the Philippines may fall by 1.4% if US President Donald J. Trump’s proposed tax on money sent home by ...
Transfers rose 4% to $776 million in 2024, equivalent to 31.5% of the nation’s gross domestic product, Central Bank of The Gambia Governor Buah Saidy told a national forum on diaspora financing ...
The data also showed that remittances as a share of the GCC’s gross domestic product (GDP) at current prices have declined in recent years, falling from 8.1 per ent in 2020 to 6 per cent in 2022.
Somalia's gross domestic product (GDP) fell slightly to 4.1 percent in 2024, down from 4.2 percent in 2023, the national ...
Personal remittances – the sum of net compensation of employees, personal transfers and capital transfers between households – accounted for 8.9 percent of the country’s gross domestic ...