cash remittance

However, the latter figures only represent cash remittances processed through Armenian commercial banks.

Among the options floated were stricter enforcement of a ban on travel to Cuba and cutting off cash remittances.

The agreement comes shortly after the Bush administration put into effect new restrictions on visits to Cuba and cash remittances by Americans.

Under the new regulations, except for the purpose of financing lawful immigration, cash remittances will be permitted only on a case-by-case basis through specific licensing.

Moreover, it also forbade Cuban families living in the United States from sending any cash remittances to Cuba.

After the President met with the exile leaders, he cut off cash remittances to Cuba and limited travel to the island by relatives in the United States.

Last month President Clinton agreed to lift bans on direct flights to Cuba and cash remittances that allow families to send dollars to Cuba.

The economy depends heavily on agriculture, tourism and cash remittances from Egyptians working abroad, mainly in Saudi Arabia and the Gulf countries.

Last week, a State Department official testified before Congress that cutting off cash remittances from Japan would cripple North Korea's nuclear bomb and missile development programs.

The faltering US economy and World Trade Center attacks ate into Dominican exports as well as cash remittances and foreign tourism.

An estimated $8 billion a year in cash remittances and trade in goods and services flow between ethnic Vietnamese in America and relatives and business partners in Vietnam.

However, the ranks of impoverished female-headed families were swelled by families of absent migrant workers if they did not receive cash remittances, a new and non-traditional group of the poor.

Drug smuggling appears to be increasingly important to North Korea's economy as cash remittances from Koreans in Japan have waned and aid from the former Soviet bloc has dried up.

Japan is turning up the heat on North Korea, threatening to suspend all cash remittances by Koreans to that Communist country if it proceeds with plans to test-fire a new long-range ballistic missile.

Cash remittances sent back home from Armenians working abroad-mostly in Russia and the United States-are growing and contribute significantly to Armenia's Gross Domestic Product (between 15 to 30 percent).

These so-called "barrel children" are left without parental guidance or adult supervision and with access to significant material resources in the form of cash remittances and barrels of clothing and toys sent by absentee parents."

They included expanding direct charter flights to the island, allowing more Americans to send cash remittances to Cuba, establishing direct mail service and sanctioning sales of food and agricultural supplies to charities and privately held farms.

According to RFE/RL, comparable sums are believed to be transferred through non-bank systems, implying that cash remittances make up approximately 30 percent of Armenia's GDP in the first half of 2008.

Checking the Details President Clinton said last weekend that he was prohibiting cash remittances and reducing charter flights to Cuba to punish Fidel Castro for encouraging refugees to flee the island by boat and makeshift vessels.

According to the Central Bank of Armenia, in 2005, cash remittances from Armenians working abroad reached a record-high level of $1 billion, which is worth more than one fifth of the country's 2005 Gross Domestic Product.

There has been no official Cuban response to Mr. Clinton's order last Saturday that reduces charter flights between Miami and Havana, halts cash remittances from Cubans living in the United States to relatives in Cuba, and increases daily broadcasts to the island.

They said the result was both unintended and counterproductive, because closing the licensed businesses and their 10,000 agents around the country would drive those looking to send cash remittances to foreign countries to illegal fly-by-night operations that do not check names, amounts and documents in compliance with antiterrorism regulations.

To the Editor: I plead with United States leaders to consider the devastating consequences that increased restrictions on travel to Cuba and cash remittances will have on the Cuban people ("U.S. May Punish Cuba for Imprisoning Critics," news article, April 17).

About one million Paraguayans are estimated to have emigrated to Argentina, and the cash remittances they send home to relatives have fallen sharply because of the sharp rise in unemployment there and the abrupt end of a decade of parity between the Argentine peso and the American dollar.

According to the Central Bank of Armenia, during the first half of 2008, cash remittances sent back to Armenia by Armenians working abroad rose by 57.5 percent and totaled $668.6 million USD, equivalent to 15 percent of the country's first-half Gross Domestic Product.