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Evaluating the Impact of Withdrawal of Telegraphic Transfer (TT) Charges Reimbursement on the Remittances from the Kingdom of Saudi Arabia (KSA)

Unknown author

Lahore Journal of Economics2025https://doi.org/10.35536/lje.2025.v30.i2.a2article
ABDC C
Weight
0.50

What the paper says

The Government of Pakistan reimburses SAR 30 in Telegraphic Transfer Charges (TTC) for every USD 100 or more transferred by a foreign MTO into the country, as compensation for their transaction costs. In May 2020, the government removed this facility for KSA, citing zero transaction costs announced by the KSA authorities for digital money transfers from the kingdom. The inflow of workers’ remittances from KSA began to decrease once KSA eased the travel ban. This paper aims to estimate the impact of the withdrawal of TTC reimbursement on remittances flowing from KSA to Pakistan. The difference-indifference (DID) method is applied to data from July 2018 to September 2022. The estimates indicate that this policy caused an average monthly decline in remittances from KSA between US$ 31 million and US$ 76 million. The findings appear to be robust to various estimation adjustments.

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https://doi.org/https://doi.org/10.35536/lje.2025.v30.i2.a2

Or copy a formatted citation

@article{unknown2025,
  title        = {{Evaluating the Impact of Withdrawal of Telegraphic Transfer (TT) Charges Reimbursement on the Remittances from the Kingdom of Saudi Arabia (KSA)}},
  author       = {Unknown author},
  journal      = {Lahore Journal of Economics},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.35536/lje.2025.v30.i2.a2},
}

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Evaluating the Impact of Withdrawal of Telegraphic Transfer (TT) Charges Reimbursement on the Remittances from the Kingdom of Saudi Arabia (KSA)

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.