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Postal Services and Remittances – Concrete partnerships for financial inclusion and rural outreach

Knowledge Platform

Postal Services and Remittances – Concrete partnerships for financial inclusion and rural outreach

A key issue in the area of remittances is enabling financial services for remittance payouts in rural areas. Postal services which have strong postal networks in particular in rural areas can be a key opportunity for this. The Universal Postal Union and IOM partnered on a pilot project with the Government of Burundi’s to set up the “Rungika project” to reduce remittance costs, enhance rural outreach as well as financial literacy and inclusion. The project which also benefitted from a strong private sector participation was accepted as an SDG best practice and is now being considered for replication in two other countries. It is useful for governments and remittance service providers.

Project Date
2015
 - 
2019
Type of Project
Project/Programme
Lead implementing organization/s
International Organization for Migration (IOM)
Universal Postal Union (UPU)
Language
Geographic Scope
Country
Burundi
Workstream Output
Off
Regional Review Process
No
GCM Objectives
SDGs
SDG.1 - No Poverty
SDG.4 - Quality Education
SDG.10 - Reduced Inequalities
SDG.17 - Partnerships For The Goals
Status
Published

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