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Private Sector Finance
Workers' Remittances
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Workers’ RemittancesMigration, whether permanent or temporary is a global phenomenon with individuals from developing countries relocating to higher income areas such as the United States and the European Union in the hope for a better future. Migrant workers remit funds to their home countries to support family members left behind. The amount of remittances represents a significant flow of income to poor families. If channeled in a more efficient and reliable manner, it can considerably contribute to alleviation of poverty and a country's development. This site intends to provide a space for the dissemination of information on this highly important subject. By acting as a source for better communication, it is the hope of ADB to bring much greater attention and analysis to this topic. Read ADB's project on Enhancing the Efficiency of Overseas Workers Remittances. |
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