Decade of the International Day of Family Remittances (IDFR)
The session will take stock of the IDFR journey and its results to date and will reaffirm IFAD’s pioneering role and long-standing commitment to leveraging remittances as a driver of rural transformation. High-level Member State representatives, renowned experts and members of the diaspora will highlight the role of remittances in economic resilience and inclusive growth, sharing lessons learned, best practices, and concrete actions that strengthen their transformative impact for families and communities back home.
What’s next for development finance? – Episode 86
What’s next for development finance? It’s increasingly clear the answer must go beyond traditional models. Just look at remittances: the money sent home by migrants now surpasses official aid to low- and middle-income countries. Our challenge is ensuring these flows drive lasting change. As global leaders prepare to meet at the fourth International Conference on Financing […]
IFAD looks beyond US aid, and toward catalytic solutions
Earlier this year, U.S. President Donald Trump proposed what critics called “draconian cuts” to his country’s foreign affairs spending. That included zeroing out support to the Rome-based IFAD, a specialized United Nations agency that supports small-scale farmers, pastoralists, and entrepreneurs in some of the poorest parts of the world. But despite the potential loss of the International Fund for Agricultural […]
How El Salvador is innovating to boost remittances
Remittances, or funds sent home by migrant workers, are moving up in the international development agenda. IFAD has called for the world to recognize how remittances can foster sustainable growth in developing economies, including through campaigns like the International Day of Family Remittances, and global leaders are finally listening. The fourth International Conference on Financing for […]
Remittances can transform lives: Let’s put them to work
Migration is not new, nor often even a choice. For millions of people today, the decision to leave home has become a necessity – a legitimate response to economic crisis, armed conflict or increasingly frequent and intense climate disasters. Or, as is too often the case, a combination of all these factors. The presence of migrant workers is often […]
IFAD and EU launch new €4.26M initiative to boost climate resilience in rural areas through remittances and diaspora investments
Rome/Seville, 30 June 2025 – A new €4.26 million initiative will support thousands of rural families in Honduras, Senegal and Pakistan to adapt to climate change and strengthen their resilience to weather shocks. The project ‘ResilientRemit’, co-funded by the European Union (EU) and implemented by the International Fund for Agricultural Development (IFAD), aims to facilitate the […]
International Day of Family Remittances 2025: Morocco migrants sent home over 8 per cent of GDP in 2024
Rome/Rabat, June 16, 2025. The International Fund for Agricultural Development (IFAD), Bank Al-Maghrib (BAM) and the Delegation of the European Union (EU) celebrated the International Day of Family Remittances (IDFR) with an event in Oujda today highlighting how the strong increase in Morocco’s remittances improves the lives of rural families and drives economic growth. The “Maximizing […]
International Day of Family Remittances 2025: Maximizing a safety net for rural Senegalese families
Dakar, 16 June 2025. At an event marking the International Day of Family Remittances (IDFR), the International Fund for Agricultural Development (IFAD) highlighted the importance of maximizing the impact of money sent by Senegalese working abroad for the well-being of rural families. Financing gaps for development are large and growing – with estimates that US$4 trillion of additional […]
Uganda: Scaling up remittances and financial inclusion through rural post offices
IFAD partnered with PostBank Uganda to leverage Posta Uganda’s broad network of rural post offices and expand access to financial services in rural areas. Post offices were equipped with digital and mobile technologies for remittance delivery and financial service transactions, and postal staff received specialized training. The project supported the refinement of PostBank Diaspora Account, […]
IDFR 2020, virtual observance event
Observance event for the International Day of Family Remittances: Supporting remittance families build resilience in times of crisis Tuesday, 16 June 2020 15:30 – 17:30 CEST / 9:30 – 11:30 EST YouTube Live Streaming AGENDA 15:30 CEST/09:30 EST Welcome remarks Written message from H.E. António Guterres, United Nations Secretary-General Paul Winters, Associate Vice […]