Many refugees are not able to access the financial system of their host country, despite the existence of programs designed to improve social skills. The lack of a platform for conducting financial transactions is a significant barrier to individual autonomy and economic independence (Jetten & Esses, 2018). It is difficult to receive and send funds from them because they lack a reliable platform. This group of people isn’t allowed to open a bank account unless they have the necessary papers. These people have few options for accessing short- and long-term loans or making payments. To protect host countries from terrorist financing, there are strict anti-money laundering and banking regulations.
It is possible to get funding
Many obstacles to financial access for refugees and asylum seekers can jeopardize their welfare and health. Even though the crisis of refugees in war-torn areas like Ukraine has not stopped, new data shows that many donor countries lack enough resources and financial support to help them. There is an urgent need for worldview resources due to the current budget crisis (Mishori, et al. 2017, 2017). The cascade effect, which is a restricted cash supply, impedes access other vital amenities such as legal services and sophisticated consultation care.
The refugee crisis has impeded healthcare access and created a skewed system of access. There are also a shortage of transit systems, deficient human resources, and an obstructed access to healthcare. Asylum-seekers and refugees are kept in isolated areas away from the government offices of every country. Their access to key medical services can be difficult because they face structural hurdles. It is often difficult for them to get to a local medical facility in the case of an emergency. They lack insurance and medical records, so they do not have priority scheduling for specialist visits. They feel less worthy of healthcare because of poor communication and culturally sensitive treatment. Many choose to not seek it.
Alternatives to funding barriers
This initiative aims to partner with non-governmental organizations that offer domestic services for refugees and immigrants. This initiative will see the project manager focusing on accessing refugees living in areas other than urban and finding alternative options. This group will be provided non-financial support such as legal aid, business skills training and language instruction. Assisting the project manager with financial assistance and lobbying for lenient loan terms and financial aid will be possible.
This effort aims to encourage groups responsible for relocating refugees and migrants to apply for additional funding. UNHCR will offer aid to all refugees, as well as healthcare. UNHCR started “Healthcare for All”, a global campaign to collect funds for refugee programs across the globe. The fund will likely attract additional funds to help in faster resettlement.