Atif Shakeel2025-07-312025-07-312019https://escholar.umt.edu.pk/handle/123456789/4177In the 21st century one of the most significant factors contributing to build economic relations between developed and developing countries is international remittances (Richard, 2005). In 2010 international migrants comprise of 2.8 percent of global population and currently it has reached to 3.5 percent of global population. The World Bank (2015) reported US$ 601 billion of remittances across the world, out of the total remittances, 73.4 percent had flown to the developing countries.en-USThesis