International Organization for Migration

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Enhancing the Impact of Migrant Remittances in Albania: Creating an Integrated Migrant Remittance System

Objective:

The project aims to strengthen the institutional and technical capabilities of the Albanian government, international organizations, non-government agencies, and local government offices in order to enhance the economic, social and political impact of labour migrant’s remittances.

Description:

The project will have five main components:
a) The creation of an Interagency Working Group to formulate and implement policy options on remittance management;
b) Strengthening of communication capacity of Albanian Embassies and Consulates with Albanian migrant associations in Italy and Greece to provide information to Diaspora on investment opportunities in Albania;
c) Implementation of a public information campaign, aimed at the Albanian Diaspora, promoting formal remittance transfer channels as well as opportunities for investment in Albania;
d) Elaboration of recommendations to promote the use of remittances for income generating activities leading to local economic development;
e) A Conference on Migration, Remittances in Albania, and the Transition to Market Economy.

Project outcomes:
- Interagency Working Group created and policy recommendations highlighted;
- A public information campaign for migrants abroad concerning formal channels for remittances and opportunities for investment in Albania undertaken in Italy and Greece;
- Embassies and Albanian associations in Greece and in Italy strengthened to provide accurate and up to date information concerning investment opportunities in Albania to Albanian migrants residing abroad;
- Set of comprehensive measures formulated at macro, meso and micro level to promote the use of remittances for income generating activities;
- A Conference on Migration, Remittances in Albania, and the Transition to Market Economy undertaken with at least 200 participants;

Beneficiaries:

Policy and decision makers, agencies and entities dealing with migration at central and local level, Albanian migrants and their families, local communities.

Partnerships:

Ministry of Finance, Ministry of Economy, Trade and Energy, Ministry of Labour, Social Affairs and Equal Opportunities, Ministry of Foreign Affairs, Bank of Albania, Local Community Groups; NGOs, financial institutions, social partners and International Organizations