International Day of Family Remittances in
Days to go:
The International Day of Family Remittances (IDFR) is a global observance that aims to raise awareness about the essential role and significant impact family remittances have on the well-being of millions of families across the world. The day is primarily devoted to appreciating the financial contributions made by the migrant workers who send money back to their families in their home countries. On this day, various stakeholders including governments, private-sector institutions, and civil society organizations join to celebrate the efforts made by these workers and advocate for more sustainable policies to facilitate these remittances.
The United Nations (UN) first proclaimed the IDFR on 16 June 2015, and it has since become an annual observance dedicated to the betterment of migrants and their families worldwide. New Zealand has been a significant contributor to the global remittance landscape, with around one in four residents being born overseas. This includes a diverse range of migrant workers from across the globe, sending their hard-earned money back home to their respective countries. These remittances play a significant role in supporting the economy and poverty alleviation efforts in many developing nations. Therefore, it is essential for the New Zealand community to acknowledge the efforts of these migrant workers and contribute to optimizing this vital socio-economic lifeline.
On the IDFR, New Zealanders participate in various activities and discussions to celebrate, support, and highlight the importance of family remittances in driving economic growth and development in the migrant communities' home countries. These activities may comprise educational programs, awareness campaigns, and seminars organized by governmental as well as non-governmental organizations to discuss the challenges and opportunities surrounding remittance services. The IDFR is generally observed on 16 June, which resonates with New Zealand’s commitment to fostering an inclusive and supportive environment for its diverse migrant population.
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References and related sitesIFAD: International Day of Family Remittances UN: International Day of Family Remittances www.worldbank.org: Remittances 2022