Remittances and Payments Program RPP
The program’s overarching strategic goal is to improve the overall market for remittances and ultimately achieve further financial inclusion, broader usage of electronic payments and the reduction of the cost of remittances while maintaining financial stability. This will allow migrants and their families a net increase of the available resources for their daily needs, savings as well as investments.
The program is executed by the World Bank’s Financial Infrastructure and Remittances Service Line, which is part of the joint WB/IFC Finance and Markets Global Practice.