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Day Observation's


International Day of Family Remittances

International Day of Family Remittances is observed on 16th June every year. 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.

A remittance is money sent back home by a worker who works in a foreign land. This money that is sent back home by migrant workers is considered to be one of the largest financial inflows in developing countries.

This year International Day of Family Remittances is celebrated under the theme: “Building resilience in times of crisis”

Objectives

To create greater awareness about impact remittances have on millions of households, as well as on communities, countries, and entire regions.

To find ways that can maximize the impact of contributions made in the form of remittances by individuals and collective actions.

About International Day of Family Remittances

IDFR is a universally-recognized observance adopted by United Nations General Assembly’s (UNGA). The custodian of IDFR towards these objectives is the United Nations International Fund for Agricultural Development (IFAD). IFAD is a specialized United Nations (UN) agency that was one of the major outcomes of the World Food Conference 1974. Later in 1977, it was set up as an international financial institution.


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