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INTERNATIONAL DAY OF FAMILY REMITTANCES – June 16

International Day of Family Remittances

INTERNATIONAL DAY OF FAMILY REMITTANCES

Every year on June 16th, the International Day of Family Remittances recognizes the contributions that migrants make to improve the lives of their family members back home. It’s also a day for realizing the impact these contributions make on households, communities, countries, and entire regions.

According to the World Health Organization (WHO), there are around 1 billion migrants throughout the world. Approximately 258 million of them are international migrants. Additionally, there are over 760 million internal migrants. People migrate from one location to another for many reasons. Some migrants are forced from their homes. Several others move to make a better life for themselves.

According to the UN, about 200 million people migrate to improve the lives of their families back home. These migrants help 800 million family members. They do this by sending remittances, or funds, to family members who have stayed in their home country. Migrants who send remittances create a future hope for their children.

Recent statistics from the Pew Research Center state that in one year, over 148 billion dollars in remittances left the United States. Mexico received the highest amount of remittances, which was over 30 billion dollars. Other countries that received remittances from the United States included:

  • China
  • India
  • Philippines
  • Vietnam
  • Guatemala
  • Nigeria
  • El Salvador
  • Dominican Republic
  • Honduras
  • South Korea

In most cases, family members who receive remittances are living in poverty. Remittances greatly help to improve the lives of family members receiving them. This includes improving health, education, housing, and sanitation.

HOW TO OBSERVE #InternationalDayOfFamilyRemittances

On this day, private sector entities that transfer funds are encouraged to send remittances for free. The UN also encourages public sector stakeholders to hold meetings that discuss ways migrants can improve their country’s GDP. To participate in this day, educate yourself and others on the reasons people migrate. If you know an immigrant, ask them why they came to this country. You could also learn more about remittances and how these funds help to improve lives and the economies of poorer countries. Spread awareness for this day by sharing #InternationalDayOfFamilyRemittances on social media.

INTERNATIONAL DAY OF FAMILY REMITTANCES HISTORY

On June 16th, 1015 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.

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