Today is:   November 05

Scroll to explore events active on this date.

AD

LEEP INK FEATURES


1728055823.png

August is Appropos

  A toddler playing in the fountain at a park in Santa Fe, New Mexico—Photo LD Lewis. In August, we live through the Dog Days of Summer. It's hot and often humid, and those ...

1728055712.png

September is Sassy

  Can you hear that sigh of relief from parents worldwide? Yes! September marks the return of students to school, a global phenomenon.  Preparations for the ACT and SATs begin earnestly for ...

1728055544.png

OOH LA LA, October

    October is the busiest month for events, with 5% more happening than in May, the second most eventful month. Sailing enthusiasts will be glued to the finals of this year's Am...

About the International Day of Family Remittances

Worldwide
EVENT NAME:
Family Remittances, Intl. Day of
EVENT CATEGORIES:
Finance & Banking , Family & Friends
Career , Technology & Telecom
Dates Active:
Begins: Jun 16, 2025
Ends: Jun 16, 2025

DESCRIPTION:

The International Day of Family Remittances (IDFR), observed on 16 June, recognizes the contribution of over 200 million migrants to improve the lives of their 800 million family members in their home countries. This globally recognized day brings attention to the significant impact that these financial contributions have on households, communities, countries, and regions. It encourages governments, private sector entities, and civil society to maximize the impact of remittances.

The theme for the 2023-24 IDFR campaign highlights the role of digital technologies in enhancing financial inclusion in low- and middle-income countries (LMICs). It also focuses on reducing the cost of remittances to the target of 3% as outlined in Sustainable Development Goal (SDG) 10.c. The United Nations calls for promoting digital and financial solutions for remittances to foster greater social and economic resilience and inclusion.

In 2022, international remittances to LMICs totaled US$626 billion. These funds, typically transferred monthly in amounts between US$200-US$300, support basic household needs and have transformative effects on both households and local communities, enabling many families to achieve their ‘own’ SDGs. However, the cost of transferring funds remains high —averaging 6% for a US$200 transfer in the second quarter of 2022. The adoption of digital technologies in remittance services offers potential for reducing these costs and increasing efficiency, with mobile providers offering the best rates at 3.5%, though less than 1% of transactions are currently made through digital channels.

VIDEOS

Currently, this event does not have supporting videos.

SUPPORTING DOCUMENTS

Currently, this event does not have supporting documents.

ADDITIONAL IMAGES

Currently, this event does not have supporting images.

EVENT CHAMPION

Where would you like to go now?

LAST UPDATED:

Oct 10, 2024

EVENT MANAGER:

LEEP
AD
AD

Jubilee LLC, 1712 Pioneer Avenue,Suite 2019 Cheyenne, WY 82001 +1 (484) 226 4777

Copyright © Jubilee LLC / LEEPCalendar.com 2024. All rights reserved.