OECD-Eurostat Expert Meeting on Trade-in services Statistics Agenda item 19b Changes to remittances measurement

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OECD-Eurostat Expert Meeting on Trade-in
services StatisticsAgenda item 19b Changes to
remittances measurement
ORGANISATION DE COOPÉRATION ET DE DEVELOPMENT
ÉCONOMIQUES
ORGANISATION FOR ECONOMIC CO-OPERATION AND
DEVELOPMENT
STATISTICS DIRECTORATE INTERNATIONAL TRADE
STRUCTURAL ECONOMIC STATISTICS
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• Remittances
• The Committee decided to introduce the concept of
  personal transfers, with remittances of
  employees included as a supplementary component.
• The Committee decided that the concept personal
  remittances, constituting the sum of personal
  transfers and compensation of employees less
  related transfers and travel services, be
  included in the balance of payments as a
  supplementary item.
• The Committee agreed on the concept of
  institutional remittances.