The Finance Ministry says this resilience in remittances is because they are pegged to labour market conditions in the region and do not get affected by short-term crises, unlike more volatile flows like FDI, portfolio flows, or debt flows.
The Finance Ministry says this resilience in remittances is because they are pegged to labour market conditions in the region and do not get affected by short-term crises, unlike more volatile flows like FDI, portfolio flows, or debt flows.
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