Programme: GFRID
Nepalese migrants send home $1.5 billion every year – over 20% of the country’s GDP. Many of the women here rely on these remittances to survive. Now Savings and Credit Organisations, supported by IFAD and the Nepal Center for Micro-Finance, are facilitating safe money transfers and encouraging people to save. This is transforming villages like Makrahar where, for the first time, people are able to access credit.
Each year more than 2 million Sri Lankans working abroad send more than $5 billion to their families. Traditionally this was done through wire transfers or fellow Sri Lankans returning home. But now IFAD has partnered with Hatton National Bank to ensure that migrant workers have more affordable and secure options to send their money home. This video was created for the Global Forum on Remittances 2013.
Project Greenback 2.0 by the World Bank, discussed at the Global Forum on Remittances and Development 2015 – Milan, 16-19 June
Opening remarks and Session I of the GFRID Summit 2021, hosted virtually on 16 and 17 June by the International Fund for Agricultural Development (IFAD).
This report contains a series of key findings and actionable outcomes for both remittances and diaspora-impact investments and is shared with the President of the UN General Assembly
This report presents the key messages and conclusions of the GFRID 2018 including side events and parallel sessions, as well as opportunities for stakeholders from all sectors to maximize the impact of remittances and other migrant contributions in Asia-Pacific for the years to come.
Participants at the Global Forum on Remittances, Investment, and Development (GFRID) had the opportunity to discuss the challenges and opportunities in the remittance market. The summit showcased innovative approaches and successful business models, with discussions focused on the critical role of migrants’ remittances and investments in achieving the Sustainable Development Goals (SDGs) by 2030.
The GFRID 2015 report showcases European remittance flows’ dynamic and innovative character, worth almost US$110 billion in 2014. It highlights the crucial role of financial inclusion, the use of innovation and technology to reduce transaction costs, and the significance of diaspora investments in creating employment opportunities in home countries. This report underscores the potential of remittances to drive economic growth and development through strategic financial practices and technological advancements.
The Global Forum on Remittances 2009 marked the third in a series of groundbreaking conferences dedicated to emphasizing the importance of international migration and the vital flow of remittances it generates. This forum continued to build on previous discussions, underscoring the critical impact of remittances on global economic development and the well-being of migrant communities.
