"Family remittances have a direct impact on the lives of 1 billion people -- one out of seven individuals on earth. Added together, remittances are three times greater than Official Development Assistance and surpass Foreign Direct Investment."— UN Secretary-General António Guterres
The International Day of Family Remittances (IDFR) is a universally-recognized observance adopted by the United Nations General Assembly (A/RES/72/281) and celebrated every year on 16 June. The day recognizes the contribution of over 200 million migrants to improve the lives of their 800 million family members back home, and to create a future of hope for their children. Half of these flows go to rural areas, where poverty and hunger are concentrated, and where remittances count the most.
Through this observance, the United Nations aims to bring greater awareness of the impact that these contributions have on millions of households, but also on communities, countries, and entire regions. The Day also calls upon governments, private sector entities, as well as the civil society, to find ways that can maximize the impact of remittances through individual, and/or collective actions.
The IDFR is fully recognized at the global level, and included as one of the key initiatives to implement the newly-adopted Global Compact for Safe, Orderly and Regular Migration (Objective 20), also calling for the reduction of remittance transfer costs, and greater financial inclusion through remittances. The Day also furthers the 2030 Agenda for Sustainable Development and the Sustainable Development Goals (SDGs).
Towards these objectives, the United Nations International Fund for Agricultural Development (IFAD), as custodian of the IDFR, is supporting the #FamilyRemittances2030 Campaign, to allow stakeholders to endorse the values the Day represents and to showcase their engagement.
You are welcome to celebrate the day using the assets provided by IFAD.
To mark the Day and participate in the #FamilyRemittances2030 Campaign, here are some suggestions for the different sectors involved:
- Governments and public sector stakeholders
- organize a multi-stakeholder meeting on – or around – June 16 to inform government agencies about your national migrants´ contribution to your countries´ GDP and learn what can be done to maximize the impact of these funds.
- promote financial education as a public good and a central pillar of financial inclusion to stimulate the uptake of financial services by migrant workers and their families.
- local governments can promote awards for greatest innovations brought migrant returnees or funded by migrant workers in benefit of their home communities.
- Private sector entities
- Promote a ZERO FEE day or week to transfer remittances for free, in order to encourage the use of international money transfer platforms and reduce informal transactions.
- Offer education campaigns that promote trust among remittance customers around the benefits and safety of mobile and other enhanced remittance transferred methods.
- Civil society
- Get prepared before migrating for work: pre-departure orientation (use our workshop guidelines containing format, questions, etc (link here).
- If you have been a migrant worker for a long time and you are longing to be with your loved ones: Make your desire to reunite with your family a reality, by:
- Getting financial education so you know how to save on a regular basis;
- Promoting that your loved ones, including your children, learn how to save and use wisely the hard-earned money that you send home regularly; and
- Ask your children´s school director/teachers to teach children basic savings principles.
- Diaspora organizations:
- Support your migrant nationals with information about cheapest, safest mechanism to send money home.
- Volunteer to provide financial education to migrants (use reference fined material).
- Organize a pre-departure awareness-raising day, involving migrant returnees.
Why do we mark International Days?
International days are occasions to educate the public on issues of concern, to mobilize political will and resources to address global problems, and to celebrate and reinforce achievements of humanity. The existence of international days predates the establishment of the United Nations, but the UN has embraced them as a powerful advocacy tool. More information available here.