Migration

OFW REMITTANCES HELP SUSTAIN 7 PERCENT GROWTH

0 Comments 10 October 2010

OFW REMITTANCES HELP SUSTAIN 7 PERCENT GROWTH

Without OFW remittances, it would be difficult for the Philippines to sustain the annual GDP growth of 7 percent or more. It is fortunate that the outlook for the earnings of OFWs remain bright, despite the very slow recovery of the developed countries. Thanks to their unique traits and talents, OFWs continue to be the first to be hired and the last to be fired in some 200 countries all over the world. READ FULL STORY

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