International Day of Family Remittances

119
Family Remittances

MNA Feature Desk: The International Day of Family Remittances (IDFR), celebrated on 16 June, is aimed at recognizing the significant financial contribution migrant workers make to the well-being of their families back home and to the sustainable development of their countries of origin.

It is also aimed at encouraging the public and private sectors, as well as the civil society, to do more and collaborate to maximize the impact of these funds in the developing world.

The IDFR was unanimously proclaimed by all 176 member states of IFAD’s Governing Council at its 38th session in February 2015, and was noted in the UN General Assembly’s Resolution on International Migration and Development A/RES/71/237.

Proclaiming an International Day of Family Remittances represents an invaluable opportunity not only to recognize the efforts of migrant workers globally, but also to strengthen current partnerships and create new synergies among sectors to promote the development impact of remittances worldwide.