Remittances offer crucial support amid rising prices, weakening economy

On a global scale, inflation has been influenced by multiple factors such as the COVID-19 pandemic, fuel price increases, and the ongoing conflict between Russia and Ukraine. Locally, its effects are felt most in consumers’ wallets when purchasing basic goods. In light of the weakening peso, the price of goods has risen exponentially. A multi-country […]

Do workers’ remittances help build a country?

According to the International Fund for Agricultural Development (IFAD), one billion people across the world send and receive remittances. Every year, 200 million migrant workers send money home, and 800 million people (in households of four, on an average) benefit from these flows. Notwithstanding disruptions attributed to COVID-19, remittances have grown. Read more, here.

Postal partnerships, a key to stronger communities

“UPU believes in the values that strategic partnerships deliver to the UPU network on knowledge sharing, digital expertise, enhanced operating models, access to funding and sharing of best practices,” said Sergey Dukelskiy, the UPU’s Coordinator of Sustainability and Financial Services. The UPU podcast, Voice Mail, featured one such partnership with guest Pedro de Vasconcelos, Manager of the […]