In order to provide an ownership structure in Pakistan for remittance facilitation, State Bank of Pakistan (the central bank), Ministry of Overseas Pakistanis and Ministry of Finance launched a…

Najm-us-Saqib Shabbir |

The side event on diaspora bonds organized during the annual meetings of the World Bank and the IMF attracted significant interest. Senior officials in the Bank considered forming a task force to…

Dilip Ratha |

We invite you to use open and free access to data collected through the Migration and Remittances Household Surveys conducted for the Africa Migration Project. Please access the household data…

Sonia Plaza |

Kenya’s Central Bank Governor Njuguna Ndung’u recently urged the country’s mobile money transfer (MMT) operators to reduce their transaction fees. According to the Governor, “There is no way one…

Sanket Mohapatra |

A World Bank report released on July 30 finds that poverty in Pakistan fell by an impressive 17.3 percentage points between 2001 and 2008 (from 34.5 percent in 2001-02 to 17.2 percent in 2007-08…

Sanket Mohapatra |

   Photo © WorldBank/Flicker An Economist article discusses how a “private-private-NGO” partnership between Safaricom (the parent company of Kenya’s mobile money transfer service M-Pesa), an…

Sanket Mohapatra |

Latin America and Caribbean: Remittances to Mexico declined 35.8% y-o-y in October. Year-to-date decline is 16.5%. Remittances to Colombia declined 19.5% y-o-y in October. Year-to-date decline is…

Ani Silwal |

Santa Catalina Arch, Antigua, Guatemala. Photo © Sanket Mohapatra/World Bank I recently made a presentation on the impact of the financial crisis and our outlook for remittances in 2009-10 at a…

Sanket Mohapatra |