This post is also available in: Spanish
In 2020, remittances to Guatemala trended upwards, representing some 15 percent of the country’s GDP despite the economic impacts of the Covid-19 pandemic. The average volume of remittances entering the country has grown at 11 percent annually since 2010. Although both the public and private sectors have increasingly expressed interest in incorporating remittances into national and local development strategies, these efforts often do not materialize. A lack of good data on remittances, budgetary constraints, and conflicting interests remain important challenges.
This fourth event in the series of Housing Laboratories on “Migration and Cities: Guatemala” will focus on international initiatives that promote the productive use of remittances and the feasibility of adapting these efforts to the Guatemalan experience. Three key questions will guide the discussion:
- How can complete, disaggregated, and accurate data on remittances be transparently compiled by an institution such as the Bank of Guatemala as an input in designing public policies and public-private partnerships, specifically those regarding housing and development?
- What lessons can local and national Guatemalan actors, who seek to integrate remittances into development strategies, learn from international experiences?
- How can platforms for inter-sectoral discussions serve as structured spaces for generating ideas that achieve concrete actions?
We invite participants to submit questions using the chat function on the Facebook Livestream.
This event will be held in Spanish without interpretation.
Click here to connect to the Facebook livestream.
National Self-Production Coordinator, INFONAVIT Mexico
Economic Manager, Central Bank of Guatemala
Program Director, Fundación Avina (@CynthiaLoria)
Program Manager, Migration, Remittances, and Development, Inter-American Dialogue (@kathrynklaas)
Coordinator of Annual Survey on Remittances, International Organization for Migration – Guatemala (IOM)
Regional Manager for Latin America and the Caribbean, Cities Alliance (@AnacludiaRossb1)
In addition to this panel of speakers, the event will host a group of experts representing diaspora groups, remittance companies, local and national government, civil society, and academia to offer further insight.
This list of experts, along with the event’s concept note, can be read here.