G20 Seoul Multi-Year Action Plan on Development (Annex II), 11-12 November 2010

Sectors : Remittances
Organisation : G20
Date made: 
2010
Level: 
Heads Of State
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Commitments in: Migration - Remittances

“ACTION 2: FACILITATE THE FLOW OF INTERNATIONAL REMITTANCES 

We recognize the importance of facilitating international remittance flows and enhancing their efficiency to increase their contribution to growth with resilience and poverty reduction. We ask the World Bank, RDBs and other relevant organizations, including the Global Remittances Working Group, to work with individual G20 members and non-G20 members in order to progress further the implementation of the General Principles for International Remittance Services and related international initiatives aimed at a quantified reduction of the global average cost of transferring remittances...” 

 
Scope: 
International