AREC 2009: EXPECTED RESULTS
Forum for Africans and the international community to meet, reflect, take decisions and actions on remittances institutionalized :
- Diagnostic report of remittances in Africa is published
- African Action Plan in favour of remittances adopted with the main goal of gaining to the continent, 40% of the whole benefits on remittances in the world by the year 2020.
- Decisions taken by African governments in favour of common policies and programmes on remittances to the continent.
- Africa adopts lessons learnt from highest recipient nations on remittances: their policies, programmes and approaches.
- Permanent dialogue on remittances is established between Africa and its Diaspora.
- Policies and programs geared toward improving the utilization of funds from remittances are adopted.
- Services of the remittances adapted to the needs and realities of Africa available.
Development Aid Programs and direct foreign investment support and facilitate remittance systems for Africa :
- Correlations between international aid, remittances and African economic growth are better understood.
- Development aid programs support remittances in view of improving the efficiency of both as tools for Africa’s economic growth.