A remittance is a transfer of money by a foreign worker to an individual in his/her home country. Workers’ remittances are a significant part of international capital flows, especially in the case of labour-exporting countries.
ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
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ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
Migration and Remittances in Asia and the Pacific
Infographic | 18 March 2015
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