Research articles | Open Access
Articles Outline
Political Instability & Economic Growth
Economic Growth or Downfall? Reviewing the Economic Resonance of Remittances in Pakistan
Salma Nazir |
FUUAST |
Volume: 2 | Issue : 1 (2024/01/01)
Abstract
Background: The remittance sent by migrant workers to their home countries has a significant impact on the country’s economic development. Remittance positively influences the economy and GDP of developing countries. migrant workers yearly send billions to their home countries. Remittance is incessantly outpacing a country's official development aid and has become the second most significant source of economic development other than the FDI (Foreign Direct Aid).