Over the last two years, UNCDF has consulted with more than 70 central banks and national statistical offices developing and running systems and sources to better capture and analyse remittance data for better policy decisions. These central banks’ experiences can be relevant to other central banks in least developed countries (LDCs). As a result, UNCDF is publishing several reference guides with the insights and learnings from implementing these reporting systems on remittances, sharing experiences on the methods, sources, and systems used by central banks to measure remittance flows.
This two-day webinar series—the second in a multi-part series that started in 2022—furthered our quest to bring knowledge and develop capacities of central banks in LDCs that are still in the designing phase or need further improvement in the efficiency of reporting and processing remittance data. During the webinars, UNCDF presented key insights from two reports focusing on South-South learnings on capturing and analysing remittance data from central banks in two regions: Latin America and the Caribbean and the Western Balkans. The first webinar on 18 April allowed participants to learn from the experiences of central banks on the systems and methods used to capture formal remittances. The second webinar on 19 April focused on ways to supplement information through surveys that capture remittances in cash and other unregulated channels.
We hosted the webinar on: 18 & 19 April 2023, 9 a.m. – 10 a.m. EST
- 18 April: Latin America and the Caribbean, Angola
- 19 April: Western Balkans
Panelists
Moderators:
- Paloma Monroy, Senior Remittance Policy Specialist, UNCDF
- Ibish Kastrati, Remittance Policy Specialist, UNCDF
Speakers from:
Day 1
- Central Bank of Suriname (Centrale Bank van Suriname)
- Central Bank of El Salvador (Banco Central de Reserva)
- Central Bank of Dominican Republic (Banco Central de la República Dominicana)
- National Bank of Angola (Banco Nacional de Angola)
Day 2
- Bank of Albania
- Central Bank of the Republic of Kosovo
- National Bank of the Republic of North Macedonia
Agenda for 18 April: South to South learnings on capturing and analysing remittance data: Latin America and the Caribbean
- Welcome note
- Key findings from the UNCDF’s stock-taking exercise
- South to South learnings on capturing and analysing remittance data: 40 mins
- Insights from the journey to building an ITRS:
- Central Bank of Suriname (Centrale Bank van Suriname)
- Central Bank of El Salvador (Banco Central de Reserva)
- Using data from electronic financial analysis and surveillance system information for the compilation of remittance data:
- Central Bank of Dominican Republic (Banco Central de la República Dominicana)
- National Bank of Angola (Banco Nacional de Angola)
- Q&A
- Closing remarks
Duration: 60 minutes
Agenda for 19 April: South to South learnings on capturing and analysing remittance data: Western Balkans
- Welcome note
- Key findings from the UNCDF’s stock-taking exercise
- South to South learnings on sources of remittance flows of unregulated channels:
- Bank of Albania
- Central Bank of Kosovo
- National Bank of the Republic of North Macedonia
- Q&A
- Closing remarks
Duration: 60 minutes