JAKARTA, Feb 3 (Reuters) - Indonesia expects remittances from its overseas workers to drop by up to 10 percent in 2009 as the global economic crisis forces firms to cut costs, the head of a state agency in charge of migrant workers said on Tuesday.
The agency said Indonesians working abroad sent home about $8.2 billion last year, an estimate based on an assumption that that 70 percent of the income received by registered workers was sent back. The figure could reach up to $10-11 billion if it included remittances from unregistered workers, the agency said. Read more
No comments:
Post a Comment