Insights

To facilitate periodic reflections from our implementation and engagement experience, we present learning and observations to allow greater insights into the scope and impact of results. These insights are meant to promote cooperation among various stakeholders to improve efficiency in remittance markets, including strengthening the trust of migrants in digital solutions.

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Articles and Case Studies

Formalizing Remittances for Forcibly Displaced People: Findings from the Democratic Republic of the Congo

The Democratic Republic of the Congo (DRC) is home to 10 percent of the world’s entire population of internally displaced people – the largest such situation in Africa, with an…

Articles and Case Studies

Putting People First: Africa Leads the Way on Reimagining Remittance Regulations

Differing rules and regulations mean that what should be a simple act – sending one’s own money back home – is often a source of confusion and stress for migrants.…

Articles and Case Studies

Bangladesh Faces a Crisis in Remittances Amid COVID-19

The economic importance of the more than 10 million migrants from Bangladesh who sent close to $18 billion in 2019 cannot be overstated. International remittances normally represent around 7% of…

Articles and Case Studies

Nepal Faces a Crisis as COVID-19 Stems the Flow of Remittances

Remittances represent more than a quarter of Nepal’s economic output. The pandemic means migrant workers have swapped the risk of death or injury at work with the reality of poverty…

Articles and Case Studies

Migrant Remittances in the Times of Covid-19: Insights From Remittance Service Providers

Before the COVID-19 pandemic struck, many migrants were already part of marginalized and vulnerable groups experiencing economic hardships in their countries of origin and host communities. Lockdowns and business closures…

Articles and Case Studies

Impact of COVID-19 on Migrants and Families as Shared by Remittance Service Providers

The financial and health vulnerabilities of migrants and their families have been exacerbated by the COVID-19 crisis. Migrant workers and their families have not been spared from the dire consequences…

Articles and Case Studies

Challenges Faced by Remittance Service Providers and Initiatives Taken

Global remittance volumes are on the decline. As the COVID-19 pandemic sweeps across the globe, remittance service providers (RSPs) have undoubtedly felt its impact. In a recently conducted survey by…

Articles and Case Studies

Expectations by Remittances Services Providers of Policymakers and Regulators

Governments could provide much-needed relief to remittance service providers (RSPs) and migrant workers by focusing on a number of key interventions. Amid the COVID-19 pandemic and the resulting economic and…

Articles and Case Studies

The Pandemic May Change Remittances—for the Better

Long denominated in cash, payments back to home countries are finally going digital.