a Private flows include those identified as workers' remittances and other private remittances .

(b) By means of an electronic transfer of funds or by cheque.

Annex III

H. Decision XVII __ Fixed exchange rate mechanism for the replenishment of the Multilateral Fund

Funds transmitted to non governmental organizations are initially placed in the bank's blocked account .

Fostering the channelling of remittances through financial institutions ( bancarization').

Trade, private capital flows, remittances and private transfers currently dwarfed amounts contributed through aid.

Both private capital flows and workers' remittances constitute important sources of development finance for Africa as a whole.

Thus, remittances by African migrants could provide significant financing for consumption and investment in their home countries.

12 World Bank, Global Development Finance, 1998, Analysis and summary tables, p. 3.

The exploitation of Alternative Remittance Systems such as trade based money, hawala and NGOs are addressed.

In recent years, private inflows have grown by an increase in workers' remittances.

Charges on remittances are also much higher than costs associated with transfer of funds among developed countries.

Innovative financing arrangements are considered that bring together financial and human resources as well as technical contributions in kind to provide seed capital for innovative projects

According to the World Bank, a reduction of 5 per cent in those costs could increase flows to destination countries by up to US 5 billion.

Financial investment flows procedures for estimating current and future investment flows likely to affect GHG emissions and removals by sinks

Alternative remittance systems that transfer money or other assets using conduits other than formal financial institutions can similarly be an obstacle to combating money laundering.

6 Defined as net resource flows minus the interest payments on long term debt and profit remittances on account of FDI.

A. Summary of resources

Their persistent growth and stability distinguish these flows from other private financial flows.

It hoped that the funds released as a result of exchange rate fluctuations would be allocated to development activities.

The purpose of fostering the bancarization' of remittances would also contribute to the provision of integrated services to senders and receivers of remittances, such as savings accounts, credits and mortgages (microfinance).

With funding received from UNFPA, the Institute developed a methodology for case studies on gender and remittances.

High transaction costs reduce the funds received by recipient families and deter the use of formal channels for remittances, keeping these funds outside the formal financial system.

Note 3. All funds summaries income and expenditure and changes in reserves and fund balances (statement I) assets, liabilities, reserves and fund balances (statement II) cash flow (statement III)

Promote agreements between financial institutions of sending and receiving countries.

With regard to overseas payment or al of funds, the related provisions of the state on foreign exchange control shall be applicable.

H. Coalition of resources

6. Coalition of resources.

(n) Reserve for exchange rate fluctuations

9. The Treasury is responsible for the establishment, maintenance and closure of bank accounts, including changes in signatory panels for short term investments of funds for effecting payments, whether by cheque or wire transfer for issuance and or processing of cash receipt vouchers and cash vouchers and competitive purchase of foreign exchange.

Schedule 2.5 United Nations Habitat and Human Settlements Foundation all funds summary statement of cash flows for the biennium ended 31 December 1997

14.14 The resource requirements by component and source of funds and the post requirements are summarized in tables 14.4 and 14.5.

On the basis of the expenditure account and the request for an additional advance, the Chief Fund Programme Management Branch of UNEP will remit funds to the Consortium member in the form of a lump sum.

It was necessary to take measures for reducing the costs of international remittances, especially of small amounts, and to engage in dialogue with major financial institutions on that issue.

(c) Foreign exchange transactions, inter bank payment systems, transfer of security rights and transfer of economic assets

Capital flows and remittances

Total funds available consist of voluntary contributions, interest and miscellaneous income, currency exchange adjustments, transfers and adjustments, and beginning fund balances.

The gap arising from the foreign exchange conversion of a sellable cash financial asset in any foreign currency shall be recorded into the profits and losses of the current period.

(d) Conducting studies on member States' policies on growth, economic reforms, domestic resource mobilization, international financial flows, external debt and exchange rate management

Accordingly State Bank of Pakistan directs all banks development financial institutions for freezing of those funds accounts and reporting to SBP of funds accounts so frozen.

International Investment Instruments A Compendium

COMPILATION OF INFORMATION

Inventory of inventories

3 Remittances play a crucial role in the economy of recipient countries, since they provide for a stable source of financing, bring foreign exchange with no liabilities and complement national savings, thereby constituting an important basis for capital accumulation.