I was struck by an interview featured in a recent show of CBC Radio One's The Current. Nani Gautam, a live-in caregiver in Canada, was asked how important was the money she sent home to her…

Dilip Ratha |

As I mentioned in my previous blog, a renewed focus on Anti Money Laundering and Combatting the Financing of Terrorism (AML-CFT) regulations in Australia, the UK, and in the USA are impacting…

Sonia Plaza |

Kathmandu, Nepal. Photo: © Simone D. McCourtie / World Bank You might recall that the finance minister of Nepal announced in the annual budget in July 2009 that the government would issue a…

Dilip Ratha, Ani Silwal |

Excerpt from the budget speech (July 13, 2009, para 139) by the Nepal finance minister for the new fiscal year beginning this month: "An arrangement has been made to issue "…

Dilip Ratha |