What is another word for Remittances?

1321 synonyms found


[ ɹɪmˈɪtənsɪz], [ ɹɪmˈɪtənsɪz], [ ɹ_ɪ_m_ˈɪ_t_ə_n_s_ɪ_z]

Synonyms for Remittances:

How to use "Remittances" in context?

Remittances are a central part of the global economy and a vital lifeline for millions of people. They are sent by migrants to their families back home, typically in the form of cash transfers.

Remittances stood at $683 billion in 2016, accounting for 9.2% of global GDP. They are forecast to grow by 6.8% annually to reach $836 billion by 2025.

Remittances are a major source of finance for development. They help to mitigate poverty and drive economic growth in the countries where they are sent.

Paraphrases for Remittances:

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Homophones for Remittances:

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