Murad's Blog The Qureshi Report

The latest entries from Murad's Blog The Qureshi Report:

Not much hope for Afghanistan @NATO summit as real issues ignored

15. May 2012
Durand line between Pakistan & Afghanistan, the real dispute between them   Afghanistan is set to...

Thames Estuary airport “blown out of the water” @ICE

10. May 2012
During the recent GLA election period we had a debate at the Institute of Civil Engineers (ICE...

Don’t let the Tories get away with it

02. May 2012
On 3rd May Londoners face a choice between a Labour Mayor and a Tory Mayor. That choice is this...

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Questions to the Mayor

Murad Small PicFind out what questions Murad has been asking the Mayor - link to the GLA website questions page.

International Development

As a former student in Development Studies, I keep a keen interest in issues relating to International Development.

BRAC UK

I am a board member of BRAC UK, the UK wing of an international development organisation.  The main mission of BRAC (Building Resources Accross Communities) is the the alleviation of poverty and empowerment of the poor in the UK, Africa, Asia and Latin America. BRAC UKs goal is to uphold people's human rights and dignity. We are trying to achieve this through increased education, upholding human rights, improving health and economic development.

Remittances

Over the past few years, I have been working hard to create a greater awareness and recognition of the contribution that migrants from developing countries living in London make to the economies of their home countries by sending money home.

Money sent home by migrants constitutes the second largest financial inflow to many developing countries, exceeding international aid. Latest World Bank estimates are that some $250 billion was remitted globally in 2006 and these figures are increasing by almost 30% year on year. Remittances contribute to economic growth and to the livelihoods of needy people worldwide. Moreover, remittance transfers can also promote access to financial services for the sender and recipient, thereby increasing financial and social inclusion.

In 2004 the G8 met at the Sea Island Summit and decided to take action to lower the costs of sending money back to friends and families in the country of origin. In light of this, the Department for International Development (DFID) began to look into ways in which the cost of remitting money fromt he UK could be lowered. One of DFID's responses was to develop a programme called 'Sending Money Home?'

Collapse of Money Transfer Company First Solution

Earlier this year, Money transfer company First Solution collapsed. The company ows up to £3m to 2,000 people in the Bangladeshi community of east London and is currently under investigation by the police for possible fraudulent activity.

I wrote to the Minister and Consumer Affairs, Stephen Timms, asking if the Government will be taking the appropriate measures to ensure people using money-transfer businesses are better protected in the future. 

 

Latest News

09/03/12 04:55

Murad Qureshi AM Condemns Callous “Remploy” Decision

Proposals for the closure of the Remploy Electronics factory at Acton have been condemned by London...

24/02/12 05:18

Mayor Johnson's record challenged by Murad Qureshi AM

Boris Johnson this week came under pressure from Assembly member Murad Qureshi over his record as...

20/02/12 05:24

Mayor Boris Johnson failing to deliver on flagship home insulation programme

London Assembly Member Murad Qureshi today slammed Mayor Boris Johnson for failing to meet his own...

Murad in the News

18/05/12 07:13

Million climate jobs caravan hits the road

On Saturday 12 May the million climate jobs caravan was launched on its journey across Britain from...

18/05/12 07:09

Protesters demonstrate against Boris Island plans

Protesters are set to descend on London's City Hall today to campaign against a proposed airport in...

19/04/12 05:02

Boost for Gaby's Deli - Much-loved 'snackeria' to stay open until August

THREATENED West End eatery Gaby’s Deli has been granted an extension of its lease.

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