National security boosted through Innovative financing

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Emerging countries have been particularly hard hit by terror attacks.

[fulltext] =>

Emerging countries have been particularly hard hit by terror attacks that resulted in a decline in health and education, the disruption of social services, the disintegration of communities, damaged infrastructure and forced migration, thus creating immense humanitarian problems. Such countries must deal with national security issues like violence, crime and terrorism.  Their annual budgets for police and national security are nowhere near adequate to support these needs.

 

Innovative Financing for Development offers a solution to fund these national security issues.  The solution involves international remittances, i.e. when people living abroad send money home to their families in their country of origin. Remittances can be an important source of revenue for the governments of emerging countries, who can leverage these financial transactions to finance their socio-economic development. A micro-contribution can be placed on the financial remittance transaction and channelled to a special fund established to collect the revenues. The monies could be used for humanitarian purposes, to strengthen a country’s police force, to train specialised forces to deal with terror attacks, to repair damaged infrastructure and to protect communities.

 

Read the orignal article.

 

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Micro-contributions placed on remittance transactions can be used for extra revenue. 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Emerging countries have been particularly hard hit by terror attacks.

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Emerging countries have been particularly hard hit by terror attacks that resulted in a decline in health and education, the disruption of social services, the disintegration of communities, damaged infrastructure and forced migration, thus creating immense humanitarian problems. Such countries must deal with national security issues like violence, crime and terrorism.  Their annual budgets for police and national security are nowhere near adequate to support these needs.

 

Innovative Financing for Development offers a solution to fund these national security issues.  The solution involves international remittances, i.e. when people living abroad send money home to their families in their country of origin. Remittances can be an important source of revenue for the governments of emerging countries, who can leverage these financial transactions to finance their socio-economic development. A micro-contribution can be placed on the financial remittance transaction and channelled to a special fund established to collect the revenues. The monies could be used for humanitarian purposes, to strengthen a country’s police force, to train specialised forces to deal with terror attacks, to repair damaged infrastructure and to protect communities.

 

Read the orignal article.

 

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Emerging countries have been particularly hard hit by terror attacks that resulted in a decline in health and education, the disruption of social services, the disintegration of communities, damaged infrastructure and forced migration, thus creating immense humanitarian problems. Such countries must deal with national security issues like violence, crime and terrorism.  Their annual budgets for police and national security are nowhere near adequate to support these needs.

 

Innovative Financing for Development offers a solution to fund these national security issues.  The solution involves international remittances, i.e. when people living abroad send money home to their families in their country of origin. Remittances can be an important source of revenue for the governments of emerging countries, who can leverage these financial transactions to finance their socio-economic development. A micro-contribution can be placed on the financial remittance transaction and channelled to a special fund established to collect the revenues. The monies could be used for humanitarian purposes, to strengthen a country’s police force, to train specialised forces to deal with terror attacks, to repair damaged infrastructure and to protect communities.

 

Read the orignal article.

 

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