Sunday, 13 January 2008

Value of OFWs is not in $12-B annual remittance

By Willy E. ArcillaPhilippine Daily InquirerFirst Posted 00:04:00 01/14/2008

MANILA, Philippines--THERE IS AN an urgent and pressing need to arrest if not reverse the chronic brain drain led by the millions of OFWs and emigres by addressing their reasons for leaving: The lack of opportunities at home to improve their quality of life and provide for a better future for their families.

It is lamentable to hear top government leaders celebrating the exodus of OFWs in anticipation of their monthly remittances that only feed private consumption spending. [Read more]

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