In line with Italian strategic objectives to overcome the financial crisis, Italy attaches great importance to innovative sources of financing for development.
Italy has helped promote a number of significant initiatives, including achievement of the G8 and G20 commitments to reduce the average global cost of transferring remittances from 10% to 5% by 2014.
Italy's commitment is proved by the website www.mandasoldiacasa.it, co-financed by the Italian Ministry of Foreign Affairs, an Italian website which provides comparative information on the costs of sending remittances with the aim of ensuring greater transparency and clarity of information and encouraging those operating in the market to improve the products and services offered to migrants.