June 15, 2021

June 16: INTERNATIONAL DAY OF FAMILY REMITTANCES

Remittance flows have increased five-fold over the past twenty years, but COVID-19 has been a formidable test for global remittances. Remittances act as a lifeline for low-income and fragile states where dependents back home rely on remittances to meet their basic needs. It is important that the role of remittances is recognized in people’s well-being, especially during this pandemic, as they enable many families to achieve their own ‘SDGs.’

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