www.universalcurrentaffairs.com

The International Day of Family Remittances (IDFR).

The International Day of Family Remittances (IDFR) was adopted by the United Nations General Assembly and is observed on 16 June. The IDFR recognizes more than 200 million migrant workers, women and men, who send money home to over 800 million family members. 

This day further highlights the great resilience of migrant workers in the face of economic insecurities, natural and climate related disasters and a global pandemic. The IDFR is now globally recognized and is a key initiative in the Global Compact for Safe, Orderly and Regular Migration (Objective 20), which urges the reduction of transfer costs and greater financial inclusion through remittances.

On June 16th, 2015 the first International Day of Family Remittances (IDFR) took place at the Global Forum on Remittances and Development. The celebration was part of World Expo in Milan, Italy. On June 12th 2018, the UN National Assembly adopted a resolution for an International Day of Family Remittances. The UN called upon the International Fund for Agricultural Development to facilitate the observance of IDFR. This day continues to be held every year on June 16th.

2022 Theme: "Recovery and resilience through digital and financial inclusion".

Source: www.un.org

Share:

No comments:

Post a Comment

Followers

Android App "CA DAILY UPDATES"

Translate

Popular Posts

Blog Archive

Recent Posts