2017 Update to Leaders on Progress Towards the G20 Remittance Target [1]
In 2017, G20 countries are updating National Remittance Plans to encompass key G20 commitments since the finalization of the plans under Turkey’s 2015 G20 Presidency. This will include alignment with the 2030 Agenda and Addis Ababa Action Agenda, consideration of the impact of ‘de-risking’ activities on remittance flows and costs, and application of the 2016 G20 High-Level Principles for Digital Financial Inclusion. The updated National Remittance Plans will be finalized by the end of the German G20 Presidency. Non-G20 GPFI countries being a large source of remittance outflows worldwide will be encouraged to share information on their national remittance measures to enable cross-border remittance flows.