Jeffrey Lavobitz - Remittances: A Powerful Engine for Development

Date Publish: 
02/21/19
Region-Country: 
Ghana

In Sub-Saharan Africa, the flow of remittances is on the rise, but the cost to transfer these funds is far higher than the global average, making the region the most expensive place in the world to send money.

The International Organization for Migration (IOM) and partners focused on improving the use of migrant remittances, particularly in Sub-Saharan Africa at a three-day regional thematic meeting in Accra, Ghana.