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remittances

Remittances

Results and Indicators for Development
Migration

Results and Indicators

Result Indicator(s)
Impact:
To promote faster, safer and cheaper transfer of remittances, including their productive use for sustainable development and well-being of migrant workers’ families
SDG 10.c.1. Remittance costs as a proportion of the amount remitted - Corridor remittance costs as a proportion of the amount remitted (OPSYS core indicator)
Data Source:

Global SDG Indicators Database, https://unstats.un.org/sdgs/indicators/database/

Additional Information:

SDG indicator 10.c.1. - component on corridor remittance costs as a proportion of the amount remitted. For more detail, please see: https://unstats.un.org/sdgs/metadata/files/Metadata-10-0C-01.pdf.

SDG 10.c.1. Remittance costs as a proportion of the amount remitted (OPSYS core indicator)
Data Source:

Global SDG Indicators Database, https://unstats.un.org/sdgs/indicators/database/

Additional Information:

SDG indicator 10.c.1. - component on remittance costs as a proportion of the amount remitted. This indicator is readily available and published on a quarterly basis by the World Bank in the Remittance Prices Worldwide database, which covers 365 country corridors, from 48 sending to 105 receiving countries. Data is collected through a mystery shopping exercise of remittance service providers (RSPs). For more detail, please see: https://unstats.un.org/sdgs/metadata/files/Metadata-10-0C-01.pdf.

SDG 10.c.1. Remittance costs as a proportion of the amount remitted - Smart corridor remittance costs as a proportion of the amount remitted (OPSYS core indicator)
Data Source:

Global SDG Indicators Database, https://unstats.un.org/sdgs/indicators/database/

Additional Information:

SDG indicator 10.c.1. - component on smart corridor remittance costs as a proportion of the amount remitted. In 2016, the Smart Remitter Target (SmarRT) was introduced to monitor remittance transactions at a more granular level. It aims to reflect the cost that a savvy consumer with access to sufficiently complete  information would pay to transfer remittances in each corridor. SmaRT is calculated as the simple average as the three cheapest services for sending the equivalent of $200 in each corridor and is expressed in terms of the percentage of the total amount sent. In addition to transparency, services must meet additional criteria to be included in SmaRT, including transaction speed (5 days or less) and accessibility (determined by geographic proximity of branches for services that require physical presence, or access to any technology or device necessary to use the service, such as a bank account, mobile phone or the internet. For additional information on the methodology of SmaRT, please see: 
https://remittanceprices.worldbank.org/sites/default/files/smart_methodology.pdf. For more detail on the SDG indicator, please see https://unstats.un.org/sdgs/metadata/files/Metadata-10-0C-01.pdf. 

Average cost of money transfer in given corridors
(Numeric)
Data Source: Reports from the subcontractors, infrastructure/equipment handovers and inspection documents
Additional Information: Please specify the corridors (point of origin and destination of transfers).
Average time of money transfer in given corridors
(Numeric)
Data Source: Database of training participants; pre- and post-training tests
Additional Information: Please specify the corridors (point of origin and destination of transfers).
Percentage of remittance senders within the target population reporting that they experienced fraud with their transfer in the last 12 months, disaggregated by sex
(Qualitative)
Data Source: Progress reports for the EU-funded intervention
Additional Information: Please specify the target population of the EU-funded intervention in the local context.
Percentage of remittance senders within the target population reporting that they use formal channels for their most recent transfer, disaggregated by sex
(Numeric)
Data Source: Progress reports for the EU-funded intervention
Additional Information: Please specify the target population of the EU-funded intervention in the local context.
Percentage of migrant workers within the target population who report that remittances have a transformative impact on their recipient family members, disaggregated by sex
(Percentage)
Data Source: Database of training participants; pre- and post-training tests
Additional Information: Please specify the target population of the EU-funded intervention in the local context.
Percentage of migrant workers within the target population who report that without their remittance transfer a recipient family member could not attend school, disaggregated by sex of the migrant
(Percentage)
Data Source: Progress reports for the EU-funded intervention
Additional Information: Please specify the target population of the EU-funded intervention in the local context.
Percentage of migrant workers within the target population who report that without their remittance transfer a recipient family member could not afford to pay for food or rent, disaggregated by sex of the migrant
(Percentage)
Data Source: Progress reports for the EU-funded intervention
Additional Information: Please specify the target population of the EU-funded intervention in the local context.
Number of SMEs getting investment from financial institutions using remittances
(Numeric)
Data Source: Baseline and endline studies to be conducted and budgeted by the EU-funded intervention
Additional Information:
Number of people with access to health and education thanks to social schemes funded from remittances and developed with EU support
(Percentage)
Data Source: Database of beneficiaries/participants
Additional Information:
Result Indicator(s)
Specific Objective - Outcome:
1. National road map for reducing transaction costs implemented
Extent to which implementation of the national road map reduces transaction costs for remittances (OPSYS core indicator)
Data Source:

Baseline and endline studies conducted and budgeted by the EU-funded intervention

Additional Information:

To measure the extent to which something is being done, it is necessary to define a methodology with different possible levels of extent (i.e. not at all, to a limited extent, to medium extent, to some extent, to significant extent). The same methodology should be applied for baseline and endline studies to be conducted by the EU-funded intervention in order to report against this indicator. If needed, reporting can be more frequent but two assessments are the minimum (the baseline study defines the starting point and the endline study the final data on progress).

Number of ministries and other public entities implementing activities from the National road map for reducing remittance transaction costs
(Numeric)
Data Source: Database of beneficiaries/participants
Additional Information: This may include the prosecutor's office, the taxation office, Ministry of Telecommunication, central bank, Ministry for Diaspora, and others.
Extent to which government policies and regulations define measures for reducing transaction costs
(Qualitative)
Data Source: Progress reports for the EU-funded intervention
Additional Information: To measure the extent to which something is being done, it is necessary to define a methodology with different possible levels of extent (i.e. not at all, to a limited extent, to medium extent, to some extent, to significant extent). The same methodology should be applied for baseline and endline studies to be conducted by the EU-funded intervention in order to report against this indicator. If needed, reporting can be more frequent but two assessments are the minimum (the baseline study defines the starting point and the endline study the final data on progress).
Result Indicator(s)
Specific Objective - Outcome:
2. Obstacles to non-bank remittance service providers removed
Percentange of remittance senders surveyed within the target population who report that they use non-bank service providers, disaggregated by sex
(Percentage)
Data Source: Progress reports for the EU-funded intervention
Additional Information: Please specify the target population of the EU-funded intervention in the local context.
Percentage of non-bank remittance service providers who report that obstacles for their operations have been removed (OPSYS core indicator)
Data Source:

Baseline and endline surveys conducted and budgeted by the EU-funded intervention

Additional Information:
Result Indicator(s)
Specific Objective - Outcome:
3. Measures to combat illicit financial flows and money-laundering refined so as not to impede migrant remittances
Extent to which the government revised its measures for combatting illicit financial flows and money-laundering so as not to impede migrant remittances (OPSYS core indicator)
Data Source:

Baseline and endline studies conducted and budgeted by the EU-funded intervention

Additional Information:

To measure the extent to which something is being done, it is necessary to define a methodology with different possible levels of extent (i.e. not at all, to a limited extent, to medium extent, to some extent, to significant extent). The same methodology should be applied for baseline and endline studies to be conducted by the EU-funded intervention in order to report against this indicator. If needed, reporting can be more frequent but two assessments are the minimum (the baseline study defines the starting point and the endline study the final data on progress).

Percentange of remittance senders surveyed within the target population who report measures aiming to combat illicit financial flows or money laundering are not a deterrant for sending remittances, disaggregated by sex
(Percentage)
Data Source: Progress reports for the EU-funded intervention
Additional Information: Please specify the target population of the EU-funded intervention in the local context.
Result Indicator(s)
Specific Objective - Outcome:
4. Established conducive policy and regulatory frameworks that promote a competitive and innovative remittance market
Extent to which the policy and regulatory frameworks promote a competitive and innovative remittance market (OPSYS core indicator)
Data Source:

Baseline and endline studies conducted and budgeted by the EU-funded intervention

Additional Information:

To measure the extent to which something is being done, it is necessary to define a methodology with different possible levels of extent (i.e. not at all, to a limited extent, to medium extent, to some extent, to significant extent). The same methodology should be applied for baseline and endline studies to be conducted by the EU-funded intervention in order to report against this indicator. If needed, reporting can be more frequent but two assessments are the minimum (the baseline study defines the starting point and the endline study the final data on progress).

Percentage of remittance service providers who report that the policy and regulatory frameworks promote a competitive and innovative market in this sector
(Percentage)
Data Source: Global SDG Indicators Database, https://unstats.un.org/sdgs/indicators/database/
Additional Information:
Result Indicator(s)
Specific Objective - Outcome:
5. Improved market access to diverse service providers
Number of new marketplace actors offering money transfer services (OPSYS core indicator)
Data Source:

Baseline and endline surveys conducted and budgeted by the EU-funded intervention

Additional Information:
Result Indicator(s)
Specific Objective - Outcome:
6. Increased transparency of channels and costs for remittance senders
Percentage of remittance senders in the target population knowledgable about ways for finding out accurate information on formal channels and costs, disaggregated by sex (OPSYS core indicator)
Data Source:

Baseline and endline surveys conducted and budgeted by the EU-funded intervention

Additional Information:

Please specify the target population of the EU-funded intervention in the local context.

Percentage of remittance senders in the target population who correctly answer the cost of transfer for their country of interest, disaggregated by sex
(Percentage)
Data Source: Baseline and endline surveys conducted and budgeted by the EU-funded intervention 
Additional Information: Please specify the target population of the EU-funded intervention in the local context.
Result Indicator(s)
Specific Objective - Outcome:
7. Improved conditions for optimising the transformative impact of remittances on sustainable development of countries and communities
Number of social schemes for providing health and education funded by remittances (OPSYS core indicator)
Data Source:

Baseline and endline studies conducted and budgeted by the EU-funded intervention

Additional Information:
Result Indicator(s)
Specific Objective - Outcome:
8. Increased use of formal and gender-responsive channels by migrants to send remittances
Number of remittance senders in the target population per year
(Numeric)
Data Source: National statistical report Baseline and endline surveys conducted and budgeted by the EU-funded intervention 
Additional Information: Please specify the target population of the EU-funded intervention in the local context.
Number of remittance receivers in the target population per year
(Numeric)
Data Source: Oversight bodies' reports, civil society reports
Additional Information: Please specify the target population of the EU-funded intervention in the local context.
Percentage of target households using new financial products/services, disaggregated by rural/urban
(Percentage)
Data Source: Baseline and endline surveys conducted and budgeted by the EU-funded intervention
Additional Information: Please specify the target population of the EU-funded intervention in the local context.
Percentage of target group population using a formal channel on the most recent occasion of sending remittances whilst previously preferring informal channels, disaggregated by sex (OPSYS core indicator)
Data Source:

Baseline and endline surveys conducted and budgeted by the EU-funded intervention

Additional Information:
Result Indicator(s)
Specific Objective - Outcome:
9. Digital Banks/Saving Accounts are increasingly used by migrants – women and men, and their families, including underserviced populations such as persons in rural reas, persons with low levels of literacy and persons with disabilities
Number of new bank branches opened in targetted rural areas
(Numeric)
Data Source: Baseline and endline surveys conducted and budgeted by the EU-funded intervention
Additional Information: Please define the rural areas targetted by the EU-funded intervention.
Percentage of the target population who use a savings account to send or receive remittances, disaggregated by sex, disability status, literacy level, rural/urban
(Percentage)
Data Source: National sources:  a) criminal justice system and; b) public health/civil registration.   International sources:  UNODC and WHO: https://dataunodc.un.org/GSH_app      http://apps.who.int/violence-info/homicide/
Additional Information: Please define the target population of the EU-funded intervention in the local context.
Percentage of women benefitting from the EU intervention who report that they make financial transfers through a financial service at least quarterly, disaggregated by rural/urban
(Percentage)
Data Source:   Database of participants Pre and post-training test reports
Additional Information: A financial service could include banks, post offices or others.
GERF 2.17- Number of beneficiaries with access to financial services with EU support: (a) firms, (b) people (all financial services), (c) people (digital financial services) (OPSYS core indicator)
Data Source:

Database of beneficiaries

Additional Information:
Percentage of the target population who have an account at a digital bank, disaggregated by sex, disability status, literacy level and rural/urban
(Percentage)
Data Source: For national data - national statistics. For the forcefully displaced population – baseline and endline surveys conducted and budgeted by the EU-funded intervention.
Additional Information: Please define the target population of the EU-funded intervention in the local context.
Result Indicator(s)
Specific Objective - Outcome:
10. Information on formal and informal remittances provided by a national robust data collection system
Extent to which information on both, formal and informal remittances is provided by a national robust data collection system
(Qualitative)
Data Source: For host/resident community data - national statistics. For the forcefully displaced population – baseline and endline surveys conducted and budgeted by the EU-funded intervention.
Additional Information: To measure the extent to which something is being done, it is necessary to define a methodology with different possible levels of extent (i.e. not at all, to a limited extent, to medium extent, to some extent, to significant extent). The same methodology should be applied for baseline and endline studies to be conducted by the EU-funded intervention in order to report against this indicator. If needed, reporting can be more frequent but two assessments are the minimum (the baseline study defines the starting point and the endline study the final data on progress).
Frequency of reporting of formal and informal remittance flows by the Central Bank (OPSYS core indicator)
Data Source:

Central Bank reports

Additional Information:
Percentage of money transfer operators who report remittance transfer data to the Central Bank in real time
(Percentage)
Data Source: For national data - “national statistics”. For the forcefully displaced population – “baseline and endline surveys conducted and budgeted by the EU-funded intervention”.
Additional Information:
Extent to which real time data on remittances is reported by the Central Bank using data from all stakeholders, including money transfer operators
(Qualitative)
Data Source: For national data - “national statistics”. For the forcefully displaced population – “baseline and endline surveys conducted and budgeted by the EU-funded intervention”.
Additional Information: To measure the extent to which something is being done, it is necessary to define a methodology with different possible levels of extent (i.e. not at all, to a limited extent, to medium extent, to some extent, to significant extent). The same methodology should be applied for baseline and endline studies to be conducted by the EU-funded intervention in order to report against this indicator. If needed, reporting can be more frequent but two assessments are the minimum (the baseline study defines the starting point and the endline study the final data on progress).
Result Indicator(s)
Specific Objective - Outcome:
11. Enhanced security and predictability of low value transactions
Number of documents that need to be provided to send remittances (OPSYS core indicator)
Data Source:

Baseline and endline studies conducted and budgeted by the EU-funded intervention

Additional Information:
Number of documents that need to be provided to collect remittances (OPSYS core indicator)
Data Source:

Baseline and endline studies conducted and budgeted by the EU-funded intervention

Additional Information:
Result Indicator(s)
Output:
1. Strengthened advocacy for coordinated response on Remittances costs and their productive use
GERF2.29/EURF 2.25 - Number of government policies developed or revised with civil society organisation participation through EU support (OPSYS core indicators)
Data Source:

Database of beneficiaries

Additional Information:
GERF 2.28 - Number of grassroots civil society organisations benefitting from (or reached by) EU support (OPSYS core indicator)
Data Source:

Database of beneficiaries

Additional Information:
Number of policy makers reached by the EU-funded intervention with information on good practices for coordinated response on remittance costs and their productive use, disaggregated by sex
(Numeric)
Data Source: EU intervention monitoring and reporting systems (Progress and final reports for the EU-funded intervention; EU-funded feasibility or appraisal reports ; Baseline and endline studies conducted and budgeted by the EU-funded intervention )
Additional Information:
Extent to which the EU-funded intervention supported advocacy for coordinated response on remittance costs and their productive use
(Qualitative)
Data Source: EU intervention monitoring and reporting systems (Progress and final reports for the EU-funded intervention; EU-funded feasibility or appraisal reports ; Baseline and endline studies conducted and budgeted by the EU-funded intervention )
Additional Information: To measure the extent to which something is being done, it is necessary to define a methodology with different possible levels of extent (i.e. not at all, to a limited extent, to medium extent, to some extent, to significant extent). The same methodology should be applied for baseline and endline studies to be conducted by the EU-funded intervention in order to report against this indicator. If needed, reporting can be more frequent but two assessments are the minimum (the baseline study defines the starting point and the endline study the final data on progress). In case of this particular indicator, because it focuses on monitoring EU support, the baseline will be zero (unless the EU-funded intervention had a previous phase).
Result Indicator(s)
Output:
2. Strengthened public capacity for harmonizing remittance market regulations and increasing the interoperability of national and regional remittance Infrastructure and payments systems
GERF2.29/EURF 2.25 - Number of government policies developed or revised with civil society organisation participation through EU support - on the remittance market (OPSYS core indicators)
Data Source:

Database of beneficiaries

Additional Information:
Extent to which the EU-funded intervention supported the harmonisation of the remittance market regulations for increasing the interoperability of national and regional remittance Infrastructure and payments systems
(Qualitative)
Data Source: Baseline and endline surveys conducted and budgeted by the EU-funded intervention
Additional Information: To measure the extent to which something is being done, it is necessary to define a methodology with different possible levels of extent (i.e. not at all, to a limited extent, to medium extent, to some extent, to significant extent). The same methodology should be applied for baseline and endline studies to be conducted by the EU-funded intervention in order to report against this indicator. If needed, reporting can be more frequent but two assessments are the minimum (the baseline study defines the starting point and the endline study the final data on progress). In case of this particular indicator, because it focuses on monitoring EU support, the baseline will be zero (unless the EU-funded intervention had a previous phase).
Result Indicator(s)
Output:
3. Strengthened public capacity for planning and design of national road maps for reducing transaction costs
Number of policy makers trained by the EU-funded intervention with increased knowledge and/or skills in planning of national road maps for reduction transaction costs, disaggregated by sex
(Numeric)
Data Source: Ministry/agency administrative data. If data is not available, baseline and endline surveys must be conducted and budgeted by the EU-funded intervention.
Additional Information:
Extent to which the EU-funded intervention supported the planning and design of the national road map for reduction remittance transaction costs
(Qualitative)
Data Source: Ministry/agency administrative data. If data is not available, baseline and endline surveys must be conducted and budgeted by the EU-funded intervention.
Additional Information: To measure the extent to which something is being done, it is necessary to define a methodology with different possible levels of extent (i.e. not at all, to a limited extent, to medium extent, to some extent, to significant extent). The same methodology should be applied for baseline and endline studies to be conducted by the EU-funded intervention in order to report against this indicator. If needed, reporting can be more frequent but two assessments are the minimum (the baseline study defines the starting point and the endline study the final data on progress). In case of this particular indicator, because it focuses on monitoring EU support, the baseline will be zero (unless the EU-funded intervention had a previous phase).
GERF2.29/EURF 2.25 - Number of government policies developed or revised with civil society organisation participation through EU support - national road map for reducing remittance transaction costs (OPSYS core indicators)
Data Source:

Database of beneficiaries

Additional Information:

Database of beneficiaries

Result Indicator(s)
Output:
4. Measures for combating illicit financial flows and money-laundering ...
Extent to which the EU-funded intervention supported the revision of measures for combatting illicit financial flows and money-laundering to avoid impeding migrant remittances through excessive or discriminatory policies
(Qualitative)
Data Source: Ministry/agency administrative data. If data is not available, baseline and endline surveys must be conducted and budgeted by the EU-funded intervention.
Additional Information: To measure the extent to which something is being done, it is necessary to define a methodology with different possible levels of extent (i.e. not at all, to a limited extent, to medium extent, to some extent, to significant extent). The same methodology should be applied for baseline and endline studies to be conducted by the EU-funded intervention in order to report against this indicator. If needed, reporting can be more frequent but two assessments are the minimum (the baseline study defines the starting point and the endline study the final data on progress). In case of this particular indicator, because it focuses on monitoring EU support, the baseline will be zero (unless the EU-funded intervention had a previous phase).
Status of the methodology for distinguishing remittances from illicit flows (OPSYS core indicator)
Data Source:

Progress reports

Additional Information:
Number of remittance service providers and financial regulators participating in a consultation on revision of measures for combating illicit financial flows and money laundering thanks to EU support
(Numeric)
Data Source: Ministry/agency administrative data. If data is not available, baseline and endline surveys must be conducted and budgeted by the EU-funded intervention.
Additional Information:
Result Indicator(s)
Output:
5. Strengthened public capacity for facilitating the customer due diligence (CDD) process
Number of government representatives trained by the EU-funded intervention with increased knowledge of good practices in customer due diligence processes, disaggregated by sex (OPSYS core indicator)
Data Source:

Database of training beneficiaries, pre- and post-training tests

Additional Information:
Result Indicator(s)
Output:
6. Strengthened capacities of the national data collection system to collect and analyse data on formal and informal remittances
Number of government representatives participating in the development of EU-funded studies on formal and informal remittances, disaggregated by sex
(Numeric)
Data Source: Baseline and endline surveys conducted and budgeted by the EU-funded intervention
Additional Information:
Number of government reports on formal and informal remittances published with EU support (OPSYS core indicator)
Data Source:

Published reports

Additional Information:
Number of government representatives reached by the EU-funded intervention with information on good practices for reporting on remittances, disaggregated by sex
(Numeric)
Data Source: Baseline and endline surveys conducted and budgeted by the EU-funded intervention
Additional Information:
Result Indicator(s)
Output:
7. Increased consumer awareness of remittance transfer costs, i.e. through comparison websites
Percentage of consumers in the target population who can correctly name more and less expensive remittance transfer channels, disaggregated by sex (OPSYS core indicator)
Data Source:

Baseline and endline surveys conducted and budgeted by the EU-funded intervention

Additional Information:

Please define the target population of the EU-funded intervention in the local context.

Percentage of consumers in the target population who can name at least one website for comparison of remittance transfer costs, disaggregated by sex
(Percentage)
Data Source: EU interventions monitoring and reporting systems: annual and final reports from implementing organisations (e.g. governments, international organisations, non-state actors, etc), ROM reviews, evaluations.
Additional Information: Please define the target population of the EU-funded intervention in the local context.
Result Indicator(s)
Output:
8. Improved women’s financial literacy and knowledge of formal remittance transfer systems
Percentage of women benefitting from the EU-funded intervention who can list the advantages of using a formal remittance transfer channel, disaggregated by rural/urban
(Percentage)
Data Source: Global SDG Indicators Database, https://unstats.un.org/sdgs/indicators/database/
Additional Information:
Percentage of women benefitting from the EU-funded intervention who demonstrate improved skills in managing a finance account, disaggregated by rural/urban (OPSYS core indicator)
Data Source:

Database of training participants, Pre- and post-training tests

Additional Information:
Percentage of women benefitting from the EU-funded intervention who can name correctly two formal remittance transfer operators in their community, disaggregated by rural/urban
(Percentage)
Data Source: Digital Evolution Index data portal, https://sites.tufts.edu/digitalplanet/2017-digital-evolution-index/
Additional Information:
Result Indicator(s)
Output:
9. Innovative technological solutions developed and made accessible for remittance transfer and client identification (such as mobile payments, digital tools or e-banking)
Number of EU-funded initiatives promoting innovative business models, technologies, and partnerships to transfer remittances in a cheaper, faster and more convenient way
(Numeric)
Data Source: International professional cyber association membership records, Membership documents of national/local incident response organisations and CERTs Reports on expert and other support provided by the EU-funded intervention
Additional Information:
Number of new innovative remittances services designed and piloted with EU support (OPSYS core indicator)
Data Source:

Progress reports

Additional Information:
Number of transfers processed through the financial services piloted with EU support
(Numeric)
Data Source: Handover documents for the digital financial systems, progress reports
Additional Information:
Result Indicator(s)
Output:
10. Increased opportunities for building and strengthening partnerships for innovative business solutions that facilitate remittance transfers and investment
Number of private sector and government representaties participating in EU-funded platforms for facilitating remittance transfers and investment, disaggregated by sex
(Numeric)
Data Source: Progress reports
Additional Information:
Number of national remittances institutions and private sector actors who attend events funded or promoted with EU support for enhancing coordination and partnership
(Numeric)
Data Source: Database of training participants, pre- and post-training tests
Additional Information:
Extent to which the EU-funded intervention is supporting a network of national remittances stakeholders (OPSYS core indicator)
Data Source:

Progress reports

Additional Information:

To measure the extent to which something is being done, it is necessary to define a methodology with different possible levels of extent (i.e. not at all, to a limited extent, to medium extent, to some extent, to significant extent). The same methodology should be applied for baseline and endline studies to be conducted by the EU-funded intervention in order to report against this indicator. If needed, reporting can be more frequent but two assessments are the minimum (the baseline study defines the starting point and the endline study the final data on progress). In case of this particular indicator, because it focuses on monitoring EU support, the baseline will be zero (unless the EU-funded intervention had a previous phase).

Number of policy and practical solutions identified by EU-funded platforms for facilitating remittance transfers and investment
(Numeric)
Data Source: Baseline and endline studies conducted and budgeted by the EU-funded intervention
Additional Information:
Result Indicator(s)
Output:
11. Availability of banking services and financial instruments incentivised for remittance service providers (money transfer operators) and low income and female headed households
Number of banking services and financial instruments incentivised by the EU to enable access for remittance service providers (OPSYS core indicator)
Data Source:

Progress reports

Additional Information:
Number of banking services and financial instruments incentivised by the EU to enable access for low income and female headed households
(Numeric)
Data Source: Baseline and endline studies conducted and budgeted by the EU-funded intervention
Additional Information:
Result Indicator(s)
Output:
12. Strengthened capacities of financial institutions on Anti-Money Laundering/ Counter-Terrorism Financing policy compliance
Number of financial institution representatives trained by the EU-funded intervention with increased knowledge and skills in Anti-Money Laundering/Counter-Terrorism Financing policy compliance, disaggregated by sex (OPSYS core indicator)
Data Source:

Database of training beneficiaries, pre- and post-training tests

Additional Information:
Result Indicator(s)
Output:
13. Inscreased knowledge and testing about remittances matching-grant mechanisms, municipal bonds and other instruments as a means of facilitating the productive use of remittances
Amounts of money invested in EU-funded remittances matching-grant mechanisms, municipal bonds and other instruments, disaggregated by sex (OPSYS core indicator)
Data Source:

Database of beneficiaries

Additional Information:
Result Indicator(s)
Output:
14. Digital, money-saving services are promoted and incentivized
Percentage of the target population that can name a digital service for remittance transfers, disaggregated by sex (OPSYS core indicator)
Data Source:

Baseline and endline surveys conducted and budgeted by the EU-funded intervention

Additional Information:

Please specify the target population of the EU-funded intervention in the local context.

Number of digital services for remittance transfers incentivised with EU funding
(Numeric)
Data Source: Baseline and endline studies conducted and budgeted by the EU-funded intervention
Additional Information:
Number of migrants in the target population accessing digital services for remittance transfers thanks to EU-funded incentives, disaggregated by sex
(Numeric)
Data Source: Baseline and endline studies conducted and budgeted by the EU-funded intervention
Additional Information: Please specify the target population of the EU-funded intervention in the local context.
Result Indicator(s)
Output:
15. Awareness raised among men and women about digital remittances services
Percentage of the target population able to correctly name two advantages of digital remittances services, disaggregated by sex, disability status, migration status and rural/urban
(Percentage)
Data Source: Baseline and endline surveys conducted and budgeted by the EU-funded intervention
Additional Information: Please specify the target population of the EU-funded intervention in the local context.
Number of people in the target population reached with advertisement promoting digital money transfer services, disaggregated by sex, disability status, migration status and urban/rural (OPSYS core indicator)
Data Source:

Progress reports

Additional Information:

Please specify the target population of the EU-funded intervention in the local context.