Question to the Department for International Development:

To ask the Secretary of State for International Development, if she will make it her policy to support the adoption of a target to reduce to five per cent or below the transaction costs of migrants' remittances, including regulatory and administrative costs in Open Working Group negotiations on the sustainable development goals.

As we have already made clear, the UK supports the target of reducing the average global cost of remittances to 5.0%. This language is included in the most recent draft goals and targets list released by the co-chairs of the Open Working Group (OWG) on 2 June.

The final targets in the post-2015 development framework will however be subject to international negotiations in the United Nations, in which the UK will play an active role.