From May 8 to 10, Bank Negara Malaysia (the Central Bank of Malaysia), in collaboration with IFAD and the World Bank Group, hosted over 400 practitioners from the public and private sectors, and the civil society, for the first country-led regional Global Forum on Remittances, Investment and Development (GFRID) 2018 – Asia-Pacific.

22 panels of experts discussed the current status of remittance flows to Asia and the Pacific. They evaluated the latest developments in the region’s remittance marketplaces, and proposed policies and mechanisms to lower transaction costs and leverage the impact of diaspora contributions for families in communities of origin.