


| Pandemic Induced Drop in Remittance Flows to South Asia |
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Even for India, remittances have accounted for nearly 3% of GDP in recent times. Remittances thus serve the triple purpose of augmenting resources available to households to which these transfers are made, increasing funds for investment to the extent that remittances finance investment and support the current account balances of these countries.
Posted: 2020-11-06 23:41:00
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