International Day of Family Remittances

It is estimated that family remittances – the money sent back by migrant workers to their relatives – support 800 million people worldwide.
IFAD

UN chief in ‘support migrants’ plea, as remittances drop by 20 per cent predicted

Marking International Day of Family Remittances, the UN Secretary-General, António Guterres, has released a message appealing for “people everywhere” to support migrants, at a time when remittances – the money migrants send home to support their families – have fallen by more than $100 billion, causing hunger, lost schooling and deteriorating health, for tens of millions of families.

IFAD

Migrant workers sending home more money than a decade ago

The amount of money migrants send home to their families in developing countries has increased by 51 per cent over the past decade, “lifting millions out poverty,” a new report by the International Fund for Agricultural Development (IFAD) has found.

The study, covering the period between 2007 and 2016, was released ahead of the International Day of Family Remittances, observed annually on 16 June.