The Qatar-Nepal remittance corridor; enhancing the impact and integrity of remittance flows through reducing inefficiencies in the migration process. (World Bank study) by Endo, Isaku and Gabi G. Afram - 2011

The World Bank, 2011. Paperback. New Book. Paperback. Nepalis are about a quarter of the migrant labor force in Qatar, but send home only about seven percent of total remittance outflows from Qatar. Prepared in partnership with the Qatar Central Bank and the Nepal Rastra Bank, this report details official data from the World Bank's research on the challenges in the migration process from Nepal to Qatar, such as high migration costs and their financing, and constraints in the remittance transfer process from Qatar to Nepal, which limit the development and poverty reduction impact of remittance flows to Nepali households. It analyzes migration practices, remittance transfer processes, and their underlying legal and regulatory framework in the Qatar-Nepal Corridor, and quantifies the value of commission transfers from Nepal to Qatar and identifies how the discrepancies between the labor-related legal frameworks between the two countries impact these transfers. It provides policy recommendations to help improve the scale and impact of transfers from Qatar to Nepal; improve the legal and regulatory frameworks to clarify ambiguities in the current migration process and procedures, and streamline inefficiencies; highlight the need for an efficient payment system infrastructure; and address limited access to financial services by migrant workers and their families. No index is supplied. (2011 Ringgold, Inc., Portland, OR)