![]() "We remain committed to our founding objective, which has always been to improve people's lives by giving them an affordable remittance service, we are seeing a transformation in the lives of the people who use our service," Charioui said.ĭistributed by African Media Agency (AMA) on behalf of WorldRemit. At WorldRemit, we ensure it's quick, secure and convenient."Īnd as people in the diaspora continue to work hard to improve the lives of their families back home, WorldRemit continues to invest in technologies that optimise its service. ![]() WordReference Random House Unabridged Dictionary of American English. "We know how important it is for workers abroad to send money to their loved ones when they need it most. when thought of as a particular amount set aside for a certain purpose:tax-levy monies. WorldRemit continues to integrate its systems with mobile money services to make it easier for recipients to collect their payments and reduce the need for long and expensive commutes to cashing points. An example of monies are a five dollar bill, ten dollar bill and a single. Filters Meanings Synonyms Sentences Words form: money Frequency: Money. ![]() "Remittances give senders a sense of belonging and a way of showing solidarity and maintaining identity with the community, the true African spirit," she adds. Dictionary Thesaurus Sentences Examples Knowledge. In the early days of the pandemic, it was not uncommon for migrant workers to spare some of their state-issued relief allocations to support their struggling relatives back home, aid that is still ongoing during the recovery period. This has been especially important during the Covid pandemic when many families have had to rely on their relatives abroad to sustain their upkeep after border closures caused many businesses to collapse, leading to income losses. Near money is an economics term describing non-cash assets that are highly liquid, such as bank deposits, certificates of deposit (CDs) and Treasury Bills. This, therefore, makes remittances a real contributor to development, which can be seen at the household level where many families have risen above poverty through monies sent to them by relatives abroad, all the way to the national level. Introduction: Lancaster City Council holds Section 106 funding in an account ring-fenced for the purposes of supporting the development of Affordable. It is estimated that three quarters of remittances are used to cover essential things: put food on the table and cover medical expenses, school fees or housing expenses as well as loss of crops or family emergencies3. Using the example above, let's say you can invest the money from selling the car today for 15,000 in a CD that pays 2 every year, compounded monthly. Personal remittances to almost all African countries are also more than the official development assistance they receive. From Longman Business Dictionary monies mon‧ies / ˈmʌniz / ( also moneys ) noun formal money, or sums of money We will refund any monies you have paid to us.Indeed, every year, about USD$82.7bn in personal remittances are sent to Africa, a figure that is nearly double the continent's foreign direct investment (FDI) flow of USD$46bn2. ![]() I admit that in aiding her to recover the monies from the insurance company, I had also helped Leyland escape punishment.Nevertheless, the new monies required demolition of the old places, and Chambers had to go.Now, with the new administration, he is working to see the program and its monies greatly increased.You also have to watch for the sudden windfalls - like the R.The plaintiff, wishing to have monies now and not in two years' time, prudently accepted the settlement figure.If Policyholder is subsequently found to be alive then any monies paid out shall be refunded.All monies should appear in the budget, regardless of source.Keeping Track Every three months we will send you a statement showing all monies paid into and out of your account.From Longman Dictionary of Contemporary English Related topics: Law monies mon‧ies, moneys / ˈmʌniz / noun law SCL MONEY money If we are no longer able to provide the holiday you booked, we will return to you all monies paid. See Chapter 1: Lobbying Overview and Definitions for Definitions of Reportable Compensation and.
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