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 […]
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 […]