THE GOVERNMENT should keep watch on remittance inflows from overseas Filipino workers (OFWs) as a slower growth posted in November may be indicative of weaker inflows in the near term.
"The monthly growth numbers of OFW remittances bear watching as this may indicate whether the feared recession in the US is beginning to have an impact on the money flow from overseas Filipinos," brokerage house Philippine Equity Partners, Inc. said in a research note. [Read more]
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