Can Focused Policy Reforms Help Bring Back Remittances? How the Ethiopian government is tackling the challenge of declining remittances and economic contraction

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Can Focused Policy Reforms Help Bring Back Remittances? How the Ethiopian government is tackling the challenge of declining remittances and economic contraction

Can Focused Policy Reforms Help Bring Back Remittances? How the Ethiopian government is tackling the challenge of declining remittances and economic contraction

The COVID-19 pandemic has seriously disrupted African economies, including the vital flow of remittances. To respond to these worrying developments, the Ethiopian government is pursuing policy reforms to stabilize its economy as well as formalize remittances to keep them flowing for its vulnerable citizens.

Date of Publication
Type of Resource
Other
Target Audience
All
Author
Eliamringi Mandari
Amani Itatiro
Source / Publisher
FinDev Gateway
UN Capital Development Fund (UNCDF)
Language
English
Geographic Scope
Country
Country
Ethiopia
Workstream Output
No
Regional Review Process
No
GCM Objectives
20
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).