MICROFINANCE EVENT: International Fund for Agricultural Development (IFAD), World Bank to Host Global Forum on Remittances, June 16-19, 2015, Milan, Italy

Event Name: Global Forum on Remittances 2015

Event Date: June 16-19, 2015

Event Location: Centro Congressi Stella Polare Conference Centre, Milan, Italy

Summary of Event: This event is intended to promote awareness of remittances sent by migrants to their home countries. Session topics will include trends in remittances sent from Europe, best practices in regulation, opportunities for financial inclusion, competition and transaction costs, new technologies, opportunities for public-private partnerships and strategies for developing public-private partnerships to further financial inclusion.

Cost: This event is free of charge.

Background on the Organizers: The International Fund for Agricultural Development (IFAD), an agency of the United Nations, was established in 1977 as an outcome of the 1974 World Food Conference. IFAD is dedicated to eradicating rural poverty in developing countries by focusing on country-specific solutions. IFAD disbursed new commitments of USD 2.7 billion during 2013, bringing its portfolio of ongoing projects to USD 8.3 billion. IFAD operates in 97 countries as of 2013.

Established in 1944, the World Bank is comprised of two development institutions, International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), which provide leveraged loans to developing countries for capital programs. IBRD makes loans and grants and provides analytical and advisory services to middle-income countries and poorer countries that are deemed creditworthy, with the aim of promoting sustainable development to reduce poverty. IDA offers interest-free credits and grants to the world’s 81 poorest countries, where a majority of the people live on less than USD 2 per day. IDA resources and technical assistance support country-led poverty reduction strategies in the following policy areas: increased productivity, governance and accountability, private investment climate, and access to education and healthcare.

The World Bank is a member of the World Bank Group, which also encompasses the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA) and the International Centre for Settlement of Investment Disputes (ICSID).

Event Website: http://www.remittancesgateway.org/index.php?option=com_content&view=article&id=185&Itemid=317

For additional information, you may email remittances[at]ifad.org or call +39 0654592311.

Sources and Additional Resources:

Event Website: http://www.remittancesgateway.org/index.php?option=com_content&view=article&id=185&Itemid=317

MicroCapital Universe Profile: International Fund for Agricultural Development (IFAD) https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=International+Fund+for+Agricultural+Development+%28IFAD%29

MicroCapital Universe Profile: The World Bank Group https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=The+World+Bank+Group

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