IFAD Report Details Global Remittance Flows and Financial Challenges
What happened
The International Fund for Agricultural Development (IFAD) shared findings with Asharq Al-Awsat on September 20, 2026. IFAD reported that remittances to low- and middle-income countries reached $728.6 billion in 2025, marking a 94 percent increase since 2016. These flows were larger than foreign direct investment in those countries and more than four times the global official development assistance in the same year.
From aawsat.com
Why it matters
These funds function as a financial safety net, a source of savings and investment, and a channel supporting rural economies. IFAD President Alvaro Lario noted that the primary challenge is balancing financial inclusion with the requirements of US economic sanctions and anti-money laundering efforts.
From aawsat.com
Who's involved
- International Fund for Agricultural DevelopmentSpecialized agency of the United Nations focused on agricultural development.
- Asharq Al-AwsatSaudi newspaper and website that received the IFAD findings.
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The entities involved
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International Fund for Agricultural Development
specialized agency of the United Nations
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Asharq Al-Awsat
Saudi newspaper and website
Nothing else this week.