International Day of Family Remittances is observed on 16th June every year. The day recognizes the contribution of over 200 million migrants to improve the lives of their 800 million family members back home and to create a future of hope for their children.
This year International Day of Family Remittances is celebrated under the theme: “Building resilience in times of crisis”
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The objective of the International Day of Family Remittances:
- Through the observance of IDFR, the United Nations (UN) seeks to create greater awareness about impact remittances have on millions of households, as well as on communities, countries, and entire regions.
- IDFR also calls upon governments, private sector entities, and civil society, to find ways that can maximize the impact of contributions made in the form of remittances by individuals and collective actions.
About International Day of Family Remittances
IDFR is a universally-recognized observance adopted by United Nations General Assembly’s (UNGA). The custodian of IDFR towards these objectives is the United Nations International Fund for Agricultural Development (IFAD). IFAD is a specialized United Nations (UN) agency that was one of the major outcomes of the World Food Conference 1974. Later in 1977, it was set up as an international financial institution.