Investor Presentaiton

BANK ATINI CENTRAL BANK OF ESWATINI Umntsholi Wemaswati Introduction emittances - generally defined as a share of labour earnings that a migrant worker nds home to support his/her family (normally cross border) mittances facilitate consumption, education, investment and overall poverty redu hence a critical component of development finance for low income countries mittances also provide source of FX reserves for countries plus indirect governme venue via taxes (e.g. VAT) - veral studies indicate that remittances are critical for poverty alleviation see Rich ams, 2011 for summary of the literature - Adams (2011): Evaluating the economi pact of International Remittances on Developing Countries using Household Surve erature review, Journal of Development Studies 47(6)

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