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Formalizing Remittances for Forcibly Displaced People: Findings from the Democratic Republic of the Congo

Knowledge Platform

Formalizing Remittances for Forcibly Displaced People: Findings from the Democratic Republic of the Congo

The Democratic Republic of the Congo (DRC) is home to 10 percent of the world’s entire population of internally displaced people – the largest such situation in Africa, with an estimated 5 million people. The DRC also hosts more than half a million refugees and asylum seekers from neighboring countries. In this context of forced displacement, access to formal financial services is uncommon. Remittances, however, are important for the country, and could provide a key opportunity to advance financial inclusion.

Date of Publication
Type of Resource
Other
Target Audience
All
Author
Micol Pistelli
Sabine Mensah
Amil Aneja
Source / Publisher
FinDev Gateway
Language
English
French
Geographic Scope
Country
Country
Democratic Republic of the Congo
Workstream Output
No
Regional Review Process
No
GCM Objectives
Cross Cutting Theme
Sustainable development
Keywords
Forced migration or displacement
Remittances
Status
Published

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