OFW CASH REMITTANCES LUMOBO

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PINAAAPURA ng Makabayan bloc sa Kamara ang paglalabas ng available na pondo ng Assistance to Individuals in Crisis Situation (AICS) sa ilalim ng Department of Social Welfare and Development (DSWD).

Sa datos ng BSP, ang cash remittances mula sa OFs ay lumago ng 5.1 percent sa $2.609 billion noong Agosto mula sa $2.483 billion sa kaparehong buwan noong nakaraang taon.

Ang pagtaas sa cash remittances ay dahil sa paglobo ng remittances mula sa land-based workers at sea-based workers, na tumaas ng 4.1% sa $2.032 billion mula $1.952 billion at 8.6% sa $577 million mula $531 million, ayon sa pagkakasunod.

Year-to-date, ang  cash remittances ay may kabuuang $20.38 billion, tumaas ng 5.7% mula sa $19.285 billion sa kaparehong panahon noong nakaraang taon.

“The growth in cash remittances from the United States (US), Malaysia, and South Korea contributed largely to the increase in remittances in January-August 2021,” anang central bank.

Pagdating sa country sources, sinabi ng BSP na ang US ang nakapagtala ng pinakamataas na share sa overall remittances sa 40.7% sa unang walong buwan ng taon, kasunod ang Singapore, Saudi Arabia, Japan, United Kingdom, United Arab Emirates, Canada, South Korea, Qatar, at Taiwan.

Tumaas din ang personal  remittances sa 4.8 percent sa $2.889 billion noong Agosto mula sa $2.756 billion sa kahalintulad na buwan noong nakaraang taon na naghatid sa cumulative remittances sa unang walong buwan sa $22.675 billion o mas mataas ng 5.9 percent kumpara sa $21.414 billion sa kaparehong panahon noong nakaraang taon.

Dahil dito, ang year-to-date personal remittances ay nasa $22.672 billion, tumaas ng 5.9% mula sa $21.414 billion na naitala noong  Enero hanggang Agosto 2020.

“The growth in personal remittances in August was due to remittances sent by land-based workers with work contracts of one year or more, which increased by 4.2% to $2.207 billion from $2.118 billion in the same month last year, and sea- and land-based workers with work contracts of less than one year, which grew by 8.4% to $629 million from $580 million a year ago,” ayon sa BSP.

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