GFR 2007 Objectives of the Forum

The Forum brought key players together to raise awareness of the challenges and opportunities of remittances and to shed light on the rural dimension of these flows, estimated at 40 per cent of total flows. In addition, the Forum explored the links between remittances and banking, technology and microfinance, and discuss ways to integrate development agencies’ agendas on remittances. The two-day event included a series of roundtable discussions and working groups devoted to an in-depth exchange of ideas and business models for urban and rural remittances worldwide. Sessions within the Forum covered such topics as financial inclusion, migrant investments, gender dimension, technology, innovation and development.

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GFR 2007 Background

The International Fund for Agricultural Development (IFAD) and the Multilateral Investment Fund (MIF) of the Inter-American Development Bank (IDB) organized the 2007 International Forum on Remittances at the IDB Conference Center in Washington DC, on 18-19 October 2007.

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GFR 2007 Main Sessions

Financial inclusion
This session promoted open dialogue between key players in remittance flows. Financial institutions presented examples of successful methodologies that serve the migrant market, including low-cost remittance products, deposit accounts and other banking services.

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