The International Day of Family Remittances (IDFR) was adopted by the United Nations General Assembly and is observed on 16 June. The IDFR recognizes more than 200 million migrant workers, women and men, who send money home to over 800 million family members. This day further highlights the great resilience of migrant workers in the face of economic insecurities, natural and climate related disasters and a global pandemic.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
This year, the United Nations is continuing last year’s theme for International Day of Family Remittances: recovery and resilience through digital and financial inclusion.
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.