Wednesday 23 January 2019
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inquirer - 9 month ago

WB: PH ban on OFW deployment to Kuwait to have ‘muted’ effect on remittances

The government s ban on the deployment of Filipino workers to Kuwait will unlikely dent the robust remittance flows to the Philippines, the World Bank said. In its April 2018 Migration and Development Brief, the Washington-based multilateral lender noted that the Philippines was the third biggest recipient of remittances last year, reaching $33 billion. Only India, with $69 million, and China ($64 billion) exceeded the Philippines remittance inflows in 2017. The 5.3-percent growth in

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