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Expectations By Remittance Service Providers Of Policymakers And Regulators

Knowledge Platform

Expectations By Remittance Service Providers Of Policymakers And Regulators

Governments could provide much-needed relief to remittance service providers (RSPs) and migrant workers by focusing on a number of key interventions. Amid the COVID-19 pandemic and the resulting economic and health crisis, the call to action to governments across the globe is loud. These include declaring remittances as essential services, facilitating and promoting the use of digital remittance channels, and supporting RSPs and migrants through financial incentives as a way to keep the transaction costs for customers at a minimum.

Date of Publication
Type of Resource
Policy Brief
Target Audience
Government
Source / Publisher
UN Capital Development Fund (UNCDF)
Language
English
Geographic Scope
Global
Workstream Output
No
Regional Review Process
No
GCM Objectives
Cross Cutting Theme
Sustainable development
Whole-of-government approach
Keywords
COVID-19 and migration
Remittances
Status
Published

*References to Kosovo shall be understood to be in the context of United Nations Security Council resolution 1244 (1999).