RP to seek better remittance system at Davos meet -- DFA

y Veronica UyINQUIRER.netFirst Posted 17:15:00 01/15/2008
MANILA, Philippines -- The country will seek a better system of managing remittances for its eight million overseas Filipino workers on the sideline of the upcoming World Economic Forum (WEF) in Davos, Switzerland, Foreign Affairs Secretary Alberto Romulo said Tuesday.

In his departure statement, Romulo said that as the world's number one supplier of manpower, the Philippines will raise the issue of migrant workers' protection during the dialogue session of the Community of the West and Islam on Migration and Remittances.

"We have more than eight million Filipino overseas who contribute to the development of our nation and host states. As a function of international migration, we can gain valuable insight and greater understanding of remittances as a development tool," said Romulo, who left for Europe Monday night. [Read more]