| The
Department for International Development (DFID) and the World Bank
in collaboration with the International Migration Policy Programme
(IMP) organized an International Conference on Migrant Remittances:
Development Impact, Opportunities for the Financial Sector and Future
Prospects, on 9-10 October 2003, in London, United Kingdom.
It
was the first global meeting of its type on this topic and attracted
over 100 participants from 42 countries. They included representatives
of banks and non-bank financial institutions, government policy
makers, multilateral and bilateral donors, United Nations and other
international agencies, non-governmental organizations, academics
and consultants.
The
objectives of the Conference were:
- To
bring together leading donors, government officials, banks, NGOs
and other agencies to understand the key issues and challenges
relating to remittances.
- To
identify best practice from regional and country initiatives that
have improved the regulatory and institutional framework for remittances,
improved financial technology and cost efficiency of banks, and
facilitated access for recipients to other, complementary financial
services
- To
define collaborative strategies between agencies to enhance transparency
and accountability and to strengthen the effectiveness and development
impact of remittances
Major
themes of the conference were:
- Understanding
the developmental role of remittances
- Improving
industry efficiency
- Enhancing
transparency and accountability
Full
Conference Note (Word)
|