RemitAssure

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The Stimulating Influence of Remittances on Agriculture
About $1 in $4 remitted to the developing world is put towards agriculture. To increase the impact of remittances the rural areas, IFAD is working towards reducing the cost of remittances through the PRIME Africa initiative

Remittances Enable Achievement of Sustainable Development Goals
Based on the approx. US$650 billion remitted in 2022 by migrants, remittances to the developing world are projected to reach an estimated US$5.0 trillion in 2030. The UN projects that 25% (US$1.3 trillion) of these flows will be saved or invested, thereby facilitating the achievement of sustainable development goals in these economies.

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