Covid-19 And Remittances

Nasir Iqbal () and Muhammad Javid
Additional contact information
Muhammad Javid: Pakistan Institute of Development Economics, Islamabad.

No 2020:20, PIDE COVID-19 Bulletins from Pakistan Institute of Development Economics

Abstract: Foreign remittances are an important source of much needed foreign exchange in Pakistan. Remittances have helped the country in reducing the current account deficit and external debt burden. The COVID-19 crisis is feared to bring a decline in remittances to Pakistan. Recession in global market and international travel restrictions due to COVID-19, and the decline in the oil prices have led to a significant decline in remittance flows.

Keywords: Covid-19; Remittances (search for similar items in EconPapers)
Pages: 04 pages
Date: 2020
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://file.pide.org.pk/pdfcovid/cbt-020-covid-19-and-remittances.pdf First Version, 2020 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pid:covdbl:2020:20

Access Statistics for this paper

More papers in PIDE COVID-19 Bulletins from Pakistan Institute of Development Economics Contact information at EDIRC.
Bibliographic data for series maintained by Khurram Iqbal ().