Discouraging informal remittance channels comes at a cost, which already overburdened migrant workers must bear; calls for government intervention to reduce remitting costs and make digital channels accessible.

TEHRAN, Dec 6: Qatar’s surprise decision to leave the Organization of the Petroleum Exporting Countries (OPEC) might be just a taste of things to come, as some analysts suggest the tiny Persian Gulf country plans to irritate Saudi Arabia even more by leaving the [Persian] Gulf Cooperation Council ([P]GCC).