OFWs continue to boost Duterte admin with double digit increase in remittances

OFWs continue to boost Duterte admin with double digit increase in remittances

- in News
0
President Rodrigo Duterte gives cash assistance worth P10,000 to 160 repatriated Overseas Filipino Workers (OFWs) who were granted amnesty after being found working illegally in the Kingdom Saudi Arabia. The President welcomed the repatriated 'runaway' OFWs upon his arrival at the Ninoy Aquino International Airport Terminal 1 on April 17, 2017 following his successful visits to the Kingdom of Saudi Arabia, Bahrain and Qatar.  ACE MORANDANTE/ Presidential Photo

After helping to secure the victory of Rodrigo Duterte with their votes and enthusiastic campaigning during last year’s presidential elections, the Filipino overseas community has once again shown that it is among the Duterte administration’s most valuable partners for change with a double digit increase in personal remittances by overseas Filipino workers (OFWs) for March 2017.

This was announced in a press briefing in Malacañan by Presidential Spokesperson Ernesto Abella, who said that personal remittances from OFWs increased by 11.8 percent to $2.9 billion in March of 2017.

“This reflects the 8.1 percent increase on the total personal remittances for the first quarter of 2017 amounting to $7.7 billion,” Abella said.

“Such increase underscores the strong demand for the skills and the competence of the great Filipino workers,” he added.

The Palace official also lauded the increase in agricultural production by 5.28 percent in the first quarter of 2017, bouncing back from its performance during the fourth quarter of last year.

“The Philippine agriculture performance increased by 5.28 percent recovering from a contraction in the fourth quarter of last year by -1.11 percent,” Abella said.


If you enjoy reading Mindanation, help keep our site up.

Facebook Comments

You may also like

Duterte orders streamlining of process for major energy projects

Watch Energy Secretary Alfonso Cusi’s interview on CNBC as