A/69/302 71. Such a goal gives the post-2015 agenda an opportunity to acknowledge and highlight the human and labour rights of migrants, which will in turn enhance their contribution to the global economy. States must hold employers accountable for ensuring that migrants are not exploited and repeal policies that create precarious working conditions for migrants, such as sponsorship systems. Natio nal law should guarantee productive employment and decent work for all, including migrants, irrespective of status and circumstances, in countries of origin and destination. Targets and indicators 72. Targets should include promoting the financial inclusion of migrants and provide incentives for migrants to trade with and invest in countries of origin and destination, in addition to promoting a strategy to enable, engage with and empower migrant diasporas and their entrepreneurship. 5 73. In recognition of the push and pull factors of migration, a target should be developed to ensure the appropriate governance of migration, to promote the matching of skills and jobs and of labour supply and demand between countries, including by creating fair, safe and regular channels for migration, including for low-skilled labour. In addition, the targets should aim to counteract deskilling and include increasing the proportion of migrants who are working at the skill level that is most relevant to their education, training and work experience, so as to facilitate their integration into the local labour force and their reintegration into the labour market in the country of origin. 5 74. With regard to remittances, the World Bank estimates that $436 billion will be sent as remittances in 2014. 24 Private money transfers play a role in increasing household incomes and ultimately improving health and educational o utcomes in countries of origin. 25 Consequently, a target on reducing to less than 3 per cent the transaction costs of migrant remittances, as suggested by the Open Working Group on Sustainable Development Goals, would go a long way to improving the economic status of families. Reducing the cost of sending remittances should not, however, be used in lieu of a national policy for poverty reduction, taking into account that remittances are privately owned sums of money. 75. A target to promote the formalization of informal-sector activities and employment should have specific indicators on the formalization of the specifi c economic areas in which migrants work, for example the construction, fishing, hospitality, care-giving, extraction and agricultural sectors, and include the proportion of migrant workers in the informal sector who having to the formal sector during the reporting period. 76. A target on recruitment would assist States in lowering the overall human and financial costs of migration. It could focus on ensuring ethical, transparent and responsible engagement of intermediaries at both ends of the migration proc ess by establishing effective governmental regulatory monitoring frameworks and using all international cooperation channels available. __________________ 24 25 14-59006 See www.worldbank.org/en/news/press-release/2014/04/11/remittances-developing-countriesdeportations-migrant-workers-wb. Organization for Economic Cooperation and Development, Policy Coherence for Development: Migration and Developing Countries (Paris, OECD Publishing, 2007). 17/26