Sending money home: contributing to the SDGs, one family at a time
The amount of money migrants send to their families in developing countries has risen by 51 per cent over the past decade - far greater than the 28 per cent increase in migration from these countries, according to a new report released by the International Fund for Agricultural Development (IFAD). "Sending Money Home: Contributing to the SDGs, One Family at a Time" is the first-ever study of a 10-year trend in migration and remittance flows over the period 2007-2016. While the report shows that there have been increases in sending patterns to almost all regions of the world, the sharp rise over the past decade is in large part due to Asia which has witnessed an 87 per cent increase in remittances.