Official unrequited transfers
Include a variety of subsidies, military aid, voluntary cancellation of debt, contributions to international organizations, indemnities imposed under peace treaties, technical assistance, taxes, fines, etc. |
Similar financial terms
Official statementA statement published by an issuer of a new municipal security describing itself and the issue
Official reserves
Holdings of gold and foreign currencies by official monetary institutions.
Private unrequited transfers
Refers to resident immigrant workers' remittances to their country of origin as well as gifts, dowries, inheritances, prizes, charitable contributions, etc.
Unilateral transfers
Items in the current account of the balance of payments of a country's accounting books that corresponds to gifts from foreigners or pension payments to foreign residents who once worked in the country whose balance of payments is being considered.
