Youtap /
/
/
/
REMITTING THE MIGRANT

REMITTING THE MIGRANT

Youtap

Youtap

Categories

Tags

The International Labour Organization (ILO) Convention (1949, No 97) committed to “undertake to permit, taking into account the limits allowed by national laws and regulations concerning export and import of currency, the transfer of such part of the earnings and savings of the migrant as the migrant may desire.” Although this convention was over seven decades ago, its documentation has a prescient relevance for today’s globalized global community. Today, remittance, “the transfer of money by a foreign worker to an individual in his or her home country” (Hasan et al., IOM, 2020), is more integral to those that rely upon their “remits.” 

     The necessity that remittances’ have in the ongoing development and survival of their beneficiaries geographically and personally remains entwined. They are fundamental to continuing socio-economic expansion and investment within the recipient country and need an instancy and urgency about them.   

Leave a Reply

Recently Viewed

No data was found

Latest Articles

Youtap
15 December 2024

Revolutionizing Savings and Lending: A Deep Dive into eWallet Platforms

Youtap offers a comprehensive multi-currency travel wallet platform enabling various financial The financial technology (fintech)…

Youtap
9 December 2024

Youtap’s Multi-currency Travel Wallet Platform

Youtap offers a comprehensive multi-currency travel wallet platform enabling various financial institutions to deploy their…

Youtap
5 December 2024

Beyond the Cart: How Integrated eCommerce and Supply Chain Apps Are Changing the Game

The way we shop is changing. Customers crave seamless, integrated experiences that blend effortlessly into…

Youtap
5 December 2024

Leading the Charge in Bank-Grade Secure Cross-Platform Apps with Flutter

In the ever-evolving world of fintech, speed, security, and a seamless user experience are paramount.…

Youtap
16 October 2024

Streamlining Success: How Youtap’s OMS is Revolutionizing Quick Service Restaurants

In the fast-paced world of Quick Service Restaurants (QSRs), efficiency and customer satisfaction are paramount.…

Youtap
8 August 2024

Why Banks are Bringing the Mall to Your Money: The Rise of eCommerce in Banking Apps

Remember the days when your banking app was just for checking balances and paying bills?…

Youtap Search