It was estimated that remittance accounted for 35 per
cent of export earnings and are the country's single largest source of foreign currency.
He proposed to limit debt service payments to 10 per
cent of export earnings and refused to pay the IMF the arrears it asked for.
Not exact matches
Steady growth
of 7 per
cent in
export earnings has demonstrated the strength
of the mineral resource and energy sector in Australia.
Resource
exports, which accounted for much
of the weakness in
export earnings over 1998/99, rose by around 7 1/4 per
cent in the September quarter (adjusted for re-
exports of gold), reflecting increases in both prices and quantities shipped (Graph 25).
Export earnings increased by almost 12 per cent over 2004, mainly the result of sharp increases in resource export p
Export earnings increased by almost 12 per
cent over 2004, mainly the result
of sharp increases in resource
export p
export prices.
Australia's fifth - largest winemaker Australian Vintage, owner
of the McGuigan and Tempus Two labels, managed a 24 per
cent increase in
earnings before interest and taxation to $ 29.3 million despite the impact
of the Australian dollar on its
export earnings.
It wants to expand its exposure to lucrative
export markets, where it currently generates about 30 per
cent of its
earnings.