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Remittances represent a major source of income for millions of families and businesses globally, and are an important pathway to financial inclusion.
In 2014, G20 Leaders agreed to the G20 Plan to Facilitate Remittance Flows through which they committed to implement the National Remittance Plans (NRPs) outlining country-led actions supporting effective remittance flows and reducing remittance transfer costs. The G20 NRPs were finalized under Turkey's Presidency in 2015 along with a monitoring framework, which outlines that the GPFI will review progress on the NRPs annually and update these plans every two years.
Update of the 2023 G20 National Remittances Plans
In 2023, the GPFI carried out the fourth review of the G20 National Remittances Plans (NRPs).
The following National Remittances Plans were delivered in 2023
- France
- Germany
- India
- Italy
- Japan
- Russia
- Spain
- Türkiye
- United Arab Emirates
- United Kingdom
- United States of America
Click here to read more about the past updates of NRPs.