Event

Remittances in Times of Crisis: Response, Recovery and Resillience

Dialogue to implementation series

The second session of the eGFRID Dialogues to implementation series will focus on the African market.

  • Track I – Remittance Families:
    • Track I will address coordination needs and opportunities for international, regional and national stakeholders to support effective implementation and mitigation measures. This track will highlight the needs of remittance beneficiaries, identify good practices to mitigate the short-term impact of the crisis, and will contribute to long-term development goals.
  • Track II – Private Sector and Digitization:
    • Track II will focus on the challenges facing the private sector and its key role in market recovery and resilience in the medium to long term. Discussions will center on current and future opportunities for digitization, innovative business models and the cross-selling of remittance related products and services that address the needs of both senders and recipients. This track will encourage public and private sector dialogue to ensure that the implementation of measures is adapted to the market.
  • Track III- Enabling Environment:
    • Track III will focus on the key policy constraints identified during this crisis that impede competition and innovation in the remittance market. This dialogue will explore potential policy and regulatory measures that can contribute to the mitigation of risks and improve the security of the remittances ecosystem for senders and remittances families. This track will address identified measures and explore global, regional and national entry points and needs.