ILO Recommendation 204 on formalising the informal economy

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Please see some very interesting information about the recent adoption of ILO Recommendation 204 on the transition from the informal to the formal economy in the following weblink.

Some of you will recall that we mentioned this on some previous Blog posts and in the Brussels seminar that was held from 1-3 June.

Recommendation 204 provides guidance for member States to:

• facilitate the transition of workers and economic units from the informal to the formal economy, while respecting workers’ fundamental rights and ensuring opportunities for income security, livelihoods and entrepreneurship.
• promote the creation, preservation and sustainability of enterprises and decent jobs in the formal economy and the coherence of macroeconomic, employment, social protection and other social policies, and
• prevent the informalization of formal economy jobs.

Also, please see the actual text of the Recommendation 204 in the "Library" section of the platform here.