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IFAD makes urgent call on International Day of Family Remittances

Noelyn Nassuuna by Noelyn Nassuuna
June 16, 2021
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IFAD makes urgent call on International Day of Family Remittances

IFAD Gilbert Houngbo

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By Benjamin Jumbe

The President of the UN’s International Fund for Agricultural Development has called for urgent investments in digital infrastructure and mobile services in developing countries to ensure rural families are not left behind.

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Speaking on the International Day of Family Remittances,  President of IFAD Gilbert Houngbo said, despite a massive increase in migrants sending money home via digital transfers due to the COVID-19 pandemic, millions of their rural family members struggle to access the mobile banking services which could help lift them out of poverty.

He urges governments and the private sector to urgently invest in rural digital infrastructure to address this challenge.

Mobile remittances increased by 65 percent last year, rising to $12.7 billion.

Across the globe, 200 million migrants regularly send money to their 800 million relatives.

Noelyn Nassuuna

Noelyn Nassuuna

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Low voter turn up for women council elections attributed to low civil education

Low voter turn up for women council elections attributed to low civil education

May 24, 2022
Former LOP calls for women economic empowerment

Former LOP calls for women economic empowerment

May 24, 2022
Court further remands Onebe over murdering his wife Asio

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May 24, 2022
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