Even in times of crisis, #FamilyRemittances sent home to loved ones remain a reliable source of income for millions.
@IFADPresident told leaders at #GFRID Summit in Kenya that it's time we recognize migrant workers as essential development contributors.
We can maximize the crucial impact of #FamilyRemittances by increasing rural people’s access to digital technology.
Learn more �We can maximize the crucial impact of #FamilyRemittances by increasing rural people’s access to digital technology.
Learn more 👇
By sending money home to their families, migrant workers make an invaluable contribution to supporting the world’s most vulnerable people.
#FamilyRemittances are an engine for socio-economic growth.
Remittances are a lifeline to so many families. It is estimated that half of all remittances flows go to rural areas where #financialinclusion rates are lower and payments @ digital infrastructure weaker. Today I attended the #GFRID summit in Nairobi. We can fix all that.
“given better opportunities to save, remittance families will save more.
Given appropriate investment options, remittance families will invest more.
And given better mechanisms to invest in human capital, remittance families will live better lives.”
https://t.co/7kKq68qK9h
#Italy may revitalize the ‘Intergovernmental Table on Remittances’, a national stakeholders’ network for transmitting #remittance flows through the formal financial system, including low-cost and innovative #financialservices tailored to migrants' needs'
@g20org at #GFRID Summit
'De-risking, in general a positive term, in reality implies denial of services and closure of accounts because of AML-CFT risk concerns, de-facto impending migrants to send mittances to their loved ones living in fragile risky countries'. @LouisDeKoker at #GFRID Summit
@FFRemittances@MEBacker Great and timely insights on this international day to Combat Desertification and Drought and to the millions of migrants and families using their Ressources to adapt to climatic changes.
We thank our customers for sending remittances to their loved ones through legal channels.
Recovery and Resilience through Digital and Financial Inculsion.
@FFRemittances#BOK#TheBankofKhyber#FamilyRemittances
#African#Diaspora#Remittances count for about 2% of African #GDP. This capital is significant as a social transfer in some countries, as well as for the balance of #payments purposes.
Jean-Michel Severino, CEO, Investisseurs et Partenaires on Day 2 of #GFRID Summit.
15 years ago #remittances were unaccounted for because migrant workers and their families 'didn't count' in international discourse. #COVID19 demonstrated that remittances, in the aggregate impact entire communities. This is a call to all nations to make remittances “count more”
On the International Day of Family Remittances, we are glad to announce new partnerships under the #GrEEnProject to boost #financialinclusion and leverage #remittances to offer innovative solutions both at country level and for the diaspora.
➡️➡️https://t.co/0Itg7y2AYJ
#IDFR
It is estimated that 70% of remittance receivers are the youth while 70% of the youth represent the total working population of Africa.
#Disrupt270#Disrupt270Conference#IDFR2021
#Remittances help create human connections and #networks and expand #economic opportunities for recipients as well as senders.@anteater_yis at the #GFRID session on Mobile remittances and digitalization
It is with a heavy heart that I learned today of the passing of my respected predecessor, William Lacy Swing, in Kuala Lumpur.
On behalf of IOM, I offer my sincere condolences to his family, particularly his wife Yuen, his son Brian and his daughter Gabrielle.
The world’s major economies have paused debt repayments from the poorest countries.
This means vulnerable nations can focus on tackling #coronavirus – helping to make a safer world for us all.