June 16

International Day of Family Remittances

Let's honor the sacrifices and love of families across borders on International Day of Family Remittances - a day to celebrate family ties!

Yearly Date

June 16

Observed

Internationally

Introduction

On June 16, we celebrate the International Day of Family Remittances, a day dedicated to recognizing and appreciating the contributions of migrant workers who send money back to their families in their home countries. This day was officially declared by the United Nations in 2015 to raise awareness about the significant role that remittances play in alleviating poverty and promoting economic development in many parts of the world. It's a day to honor and support these hardworking individuals who make sacrifices for the well-being of their loved ones. So let's take this opportunity to show our gratitude and celebrate the power of family bonds that transcend borders!

International Day of Family Remittances Timeline

1970s

Rise of Modern Remittances

With the increase in international migration, remittances start to become a key source of income for families remaining in the home country.

1990s

Digitalisation of Transactions

Technological advances make remittance transactions faster and more secure, boosting their growth and making them an essential part of global finance.

2009

Remittances Outpace Foreign Aid

For the first time, total global remittances surpass official development assistance, drawing attention to their significant role in poverty alleviation and economic development.

2014

IFAD's Advocacy

The International Fund for Agricultural Development (IFAD) begins advocating for the recognition of the contribution made by migrant workers through remittances.

2015

Creation of the IDFR

The United Nations declares June 16 as the International Day of Family Remittances to raise awareness of remittances’ contribution to socioeconomic development and poverty alleviation.

2020

Resilience During COVID-19

Despite the global pandemic and economic downturn, remittances prove resilient, underlining their importance for families in home countries.

How to Celebrate International Day of Family Remittances

1 Organize a family reunion

Gather your family members from near and far to celebrate the International Day of Family Remittances. This is a great opportunity to catch up with relatives and celebrate the sacrifices and contributions of migrant workers.

2 Create a photo collage

Gather old family photos and create a collage that showcases the journey of your family's remittances. This not only celebrates the day but also serves as a reminder of your family's history and resilience.

3 Donate to a charity supporting migrant workers

In honor of International Day of Family Remittances, consider donating to a charity or organization that supports the well-being and rights of migrant workers. This is a meaningful way to show support and gratitude for their hard work and sacrifices.

4 Cook a traditional dish from your family's country of origin

Celebrate the diversity and richness of your family's culture by cooking a traditional dish from your country of origin. This is a delicious way to honor the traditions and customs of your family.

5 Share stories and memories

Gather around with your family members and share stories and memories related to remittances. This is a great way to bond and appreciate the sacrifices and contributions made by your loved ones.

Why International Day of Family Remittances is Important

It recognizes the significant contributions of migrant workers

International Day of Family Remittances honors the sacrifices and hard work of migrant workers who support their families back home through remittances. This day brings attention to the vital role these workers play in improving the lives of their loved ones, despite being far away from them.

It highlights the importance of remittances for global development

Remittances are a significant source of income for many developing countries and contribute greatly to their economic growth. International Day of Family Remittances helps raise awareness about the impact and potential of these financial flows and encourages policies that can maximize their positive effects on development.

It promotes financial inclusion and empowerment for families

The ability to send and receive remittances empowers families by providing them with access to essential financial services. International Day of Family Remittances encourages initiatives that promote financial inclusion and helps create opportunities for families to grow and improve their overall well-being.