Understanding Informal Remittances

Location Global
Authored by Dr. Deepali Fernandes
Amil Aneja
Azar Sultanov

Understanding channels and volumes of informal remittance flows are equally essential for policy-makers. Beyond policy and regulatory efforts to formalize remittance flows, central banks should consider developing more robust models and methodologies to estimate informal remittance flows. The United Nations Capital Development Fund is working on evaluating existing methodologies and supporting capacity-building efforts of central banks to better capture and estimate remittance flows.

Location Global
Authored by Dr. Deepali Fernandes
Amil Aneja
Azar Sultanov
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