Press release | 1 April 2026
\nKampala, 01 April 2026 \u2013 The International Fund for Agricultural Development (IFAD) in collaboration with the Bank of Uganda (BoU), today launched a new interactive remittance dashboard that sets a new benchmark for publicly available data on remittance markets, which play an important role in Uganda\u2019s economy.
\nAccording to the Bank of Uganda\u2019s latest data, remittance inflows reached US$2.5 billion in 2025, equivalent to approximately 3.8 per cent of GDP, supporting household livelihoods across the country.
\nThe new dashboard will provide a comprehensive range of data on remittance inflows and outflows that equips regulators, policymakers and private-sector actors, including money transfer operators, mobile network operators and financial institutions in better understanding market dynamics, strengthening oversight, and developing financial services that meet the needs of migrants and their families.
\nThis includes transaction values and volumes, sending and receiving countries, transfer channels, termination methods and the geographic distribution of remittances across Uganda\u2019s districts. The platform also offers insights into the demographic profile of remittance senders and recipients.
\n\u201cBy transforming high-quality remittance data into actionable insights, this initiative strengthens the foundation for inclusive, evidence-based policymaking while catalysing private sector innovation to expand tailored financial solutions, unlock investment opportunities and enhance the resilience of Ugandan families, particularly in rural areas,\u201d said Mohamed El-Ghazaly, IFAD Country Director in Uganda.
\nDespite their importance to developing economies, detailed information on how remittances move across corridors and through financial channels has historically been limited. Policymakers, regulators and market participants have often had to rely on migration estimates or survey-based information rather than transaction-based reporting from financial institutions.
\nImproving the availability of high-quality remittance data contributes to IFAD\u2019s broader mission of expanding financial inclusion and strengthening rural economies. As IFAD prepares for its fourteenth replenishment (IFAD14), initiatives such as this help ensure that remittances \u2013 one of the largest sources of external finance to developing countries, are better leveraged to support rural development, investment and resilience.
\nDeveloped with technical support from IFAD through the Platform for Remittances, Investment and Migrants\u2019 Entrepreneurship in Africa (PRIME Africa) programme \u2013 co-funded by the European Union, the dashboard responds directly to needs identified through the National Remittance Stakeholder Network, which convenes regulators, industry players and development partners to strengthen Uganda\u2019s remittance ecosystem. It will be updated monthly and made accessible via the BoU\u2019s website and on RemitSCOPE.org, IFAD\u2019s Financing Facility for Remittances (FFR) platform for global remittance data and analysis.
\nThe new granular data shows that Uganda recorded more than 16 million remittance transactions in 2025, with an average value of US$152. The United States remains the largest source of inflows, contributing US$702 million (28 per cent of the total), followed by Saudi Arabia, the United Kingdom, the United Arab Emirates and Canada. Nearly three quarters of inbound remittance inflows to Uganda are received through digital channels, predominantly terminating into mobile money accounts. Uganda continues to be a net recipient of remittances, with outflows summing to US$402 million in 2025, primarily sent to India, Kenya, the United States, the United Kingdom and Canada.
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\nNo.: IFAD\/23\/2026
\nThe International Fund for Agricultural Development (IFAD) is the only international financial institution exclusively focused on transforming rural economies. IFAD invests in rural people and their communities, building food security, shared prosperity and stability. Today, IFAD and its partners have nearly US$23 billion invested in ongoing projects that are transforming rural economies. <\/p>\n","protected":false},"excerpt":{"rendered":"
Press release | 1 April 2026 Kampala, 01 April 2026 \u2013 The International Fund for Agricultural Development (IFAD) in collaboration with the Bank of Uganda (BoU), today launched a new interactive remittance dashboard that sets a new benchmark for publicly available data on remittance markets, which play an important role in Uganda\u2019s economy. According to […]<\/p>\n","protected":false},"author":1,"featured_media":241,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-240","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/krishijournal.com.np\/english\/wp-json\/wp\/v2\/posts\/240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/krishijournal.com.np\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/krishijournal.com.np\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/krishijournal.com.np\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/krishijournal.com.np\/english\/wp-json\/wp\/v2\/comments?post=240"}],"version-history":[{"count":1,"href":"https:\/\/krishijournal.com.np\/english\/wp-json\/wp\/v2\/posts\/240\/revisions"}],"predecessor-version":[{"id":242,"href":"https:\/\/krishijournal.com.np\/english\/wp-json\/wp\/v2\/posts\/240\/revisions\/242"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/krishijournal.com.np\/english\/wp-json\/wp\/v2\/media\/241"}],"wp:attachment":[{"href":"https:\/\/krishijournal.com.np\/english\/wp-json\/wp\/v2\/media?parent=240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/krishijournal.com.np\/english\/wp-json\/wp\/v2\/categories?post=240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/krishijournal.com.np\/english\/wp-json\/wp\/v2\/tags?post=240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}