IFAD’s Sending Money Home 2026 report, released on 14 September, says remittance inflows to low- and middle-income countries reached $728.6 billion in 2025. That was more than four times official development assistance and exceeded foreign direct investment to those economies.
Flows have risen 94% since 2016. An estimated 220 million migrants and diaspora members support 1.1 billion relatives. Remittances to Africa reached $124.2 billion, up 86%, while an estimated $233 billion reached rural areas. IFAD called for more affordable digital transfers and rural financial services.
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The partnership proposes four additional capabilities alongside existing remittance services.
Source: Emirates News Agency (WAM)
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