Remittance vs. Foreign Direct Investment vs. Official Development Aid in 2019

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Feb 16

Written By Cara-Marie Findlay

Remittance vs. Foreign Direct Investment vs. Official Development Aid vs. in 2019 US$573 billion vs. $US1.39 trillion vs. US$152.8 billion .png

Remittance vs. Foreign Direct Investment vs. Official Development Aid vs. in 2019 US$573 billion vs. $US1.39 trillion vs. US$152.8 billion (1).png

Remittance vs. Foreign Direct Investment vs. Official Development Aid vs. in 2019 US$573 billion vs. $US1.39 trillion vs. US$152.8 billion (2).png

Remittance vs. Foreign Direct Investment vs. Official Development Aid vs. in 2019 US$573 billion vs. $US1.39 trillion vs. US$152.8 billion (3).png

Remittance vs. Foreign Direct Investment vs. Official Development Aid vs. in 2019 US$573 billion vs. $US1.39 trillion vs. US$152.8 billion (4).png

Why are we so passionate about seeing impacted peoples leading and owning the development sector? The numbers speak for themselves.

Billionaire donations to aid institutions (official development assistance) do NOT represent the majority of funds that go toward direct aid and community development. The majority of aid and development funds come from remittances - money sent by everyday people, some of whom work less than the minimum wage and who are subjected to discrimination and exploitation.

Impacted peoples are already investing in themselves by taking care of their families and extended community. These are the people who know what life is truly like in their community. Impacted peoples should be the ones making the decisions that will affect their lives and the lives of their children, extend family, neighbors and friends.

remittanceforeign direct investmentofficial development aidcommunity developmentdirect aidpeople

Cara-Marie Findlay

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