The Conference is organized in the framework of the Programme of Action of LDCs, with its aim of poverty reduction and achieving sustained growth and sustainable development in LDCs including attainment of the Millennium Development goals. The overall objective of the Ministerial Conference is to explore avenues to enhance and improve the development impact of remittances in LDC countries. In order to achieve this objective, the Conference will provide its participants a platform to share experiences, and further to consult on issues faced by migrant remitters and recipients in order to develop recommendations for enhancing the development impact of remittances and mobilize support for its implementation.
The two-day Conference will first convene in a preparatory session of senior officials, and will include presentations from various experts of financial institutions and private sector organizations. The second day will be dedicated to consultations followed by the adoption of a series of recommendations to optimize the development benefits and mobilize support for its implementation.