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SAVE THE DATE: Launch of Rural Development Report 2016: Fostering Inclusive Rural Transformation

This event will be held on 14 September 2016 at the Ministry of Foreign Affairs and International Cooperation of the Italian Republic, Piazzale della Farnesina 1, Rome, and will take place at 10.30 a.m. in the Sala delle Conferenze Internazionali.

 For security reasons, confirmation of participation is requested and should be conveyed by e-mail to: ruraldevreport@ifad.org by 7 September 2016.

To view the invitation letter from the President of IFAD, please click here.

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Appointment of Secretary of IFAD ad interim

Further to the announcement by the President of IFAD on interim measures in the Office of the Secretary, this is to inform the Membership that Ms Cheryl Morden has taken up duties as Secretary of IFAD, a.i.

Ms Morden acted as Officer-in-Charge of the Office of the Secretary from February to October 2013. Prior to that she was Deputy Director, Partnership and Resource Mobilization Office and Director, North American Liaison Office. Ms Morden has also served the Fund as Replenishment Coordinator.

Ms Morden may be contacted by telephone at +39 06 5459 2254 and by e-mail at c.morden@ifad.org.

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Member State representatives experiencing technical problems with the Member State Interactive Platform are invited to report such problems to the Office of the Secretary by e‑mail to MS-Liaison@ifad.org.

For those experiencing technical problems who wish to submit comments on the document related to the Executive Board informal seminar on Development Effectiveness Framework taking place at IFAD headquarters on 5 July 2016 at 2 p.m., representatives are invited to submit their comments by 9 a.m. on 5 July by e-mail to GB_Office@ifad.org.

From President Kanayo F. Nwanze

                                                                              IFAD’s International Day of Family Remittances

Dear Member States,

Today marks the second celebration of IFAD’s International Day of Family Remittances. We take this opportunity to recognize the fundamental contribution of migrant workers to their families and communities back home and to the sustainable development of their countries of origin.

On an individual basis these remittances mean better lives for millions of families living in many of the world’s poorest and most fragile countries.  Collectively, the total remitted is three times the amount of all foreign aid to developing countries and provide critically needed resources in rural and urban communities across the developing world. Remittances sent by 250 million migrants worldwide reached US$ 450 billion in 2015 -- US$ 200 at a time. It is estimated that these flows support at least another 750 million beneficiaries in migrants’ home countries. The scale is enormous and so is the development impact.

When we think of remittances the focus is mostly on the senders – the migrant workers. But for every person who finds work in a new land there are usually a number of relatives back home who depend upon these earnings to buy food and clothing, to educate their children, and to pay for accommodation. For millions of people remittances are the only social safety net they have. And when disaster strikes migrant workers are among the first to respond to the emergency demands and send much-needed aid.

Migrants also play a vital role in the long-term development of their countries of origin either through direct local investment towards asset building or by engaging in entrepreneurial activities upon returning home. Remittances are indeed crucial to the survival of hundreds of millions of poor rural people. However, the ultimate goal should be to move beyond remittances by creating vibrant developing economies – including vibrant rural economies – so that poor women and men no longer feel forced to leave their homes and families in search of work.

Today, more than ever before, there is a greater degree of appreciation of remittances by governments, the international community, and the private sector. Thus, in recognition of the Day this year, over eighty money transfer operators have endorsed the International Day of Family Remittances and have committed to take concrete action to ensure that every hard‑earned dollar, euro, pound, ruble, yen, dinar, or naira sent home counts for even more.

On this International Day of Family Remittances let us all commit and work towards the goal of making the migration of future generations a choice rather than a necessity.

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