Official data show a rise in remittances from Overseas Filipino Workers (OFWs) in September 2024, indicating continued financial support to families in the Philippines.
The Philippine News Agency reports that remittances from Overseas Filipino Workers (OFWs) increased by 3.3 percent in September 2024 compared to the previous year. This growth reflects sustained contributions from Filipinos working abroad, which play a vital role in the Philippine economy and the welfare of many households. Official figures emphasize the importance of these remittances as a stable source of foreign exchange and support for domestic consumption. No additional details regarding specific regions or sectors were provided. The data, released through official channels, underscore the ongoing economic impact of the overseas Filipino workforce globally, including those in Greece and other countries.
Sources referenced:
- https://news.google.com/rss/articles/CBMiUEFVX3lxTE5ZVmdCemtoc3B2aG03SVhPNjM0a19xcG9VVzZLOEd1TDNmS2MzdDVuWjREdEdycC1GVkRRRHJxaURreDhyWEJ6azRKWnhCc3JZ?oc=5
