‘No remittance day’ unnecessary –DFA

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THE Department of Foreign Affairs (DFA) on Thursday said the call for a “no remittance day” by overseas Filipino workers (OFWs) following the outcry against the Bureau of Customs’ (BoC) balikbayan box policy is “unnecessary.”

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Foreign Affairs spokesman Charles Jose, in a press briefing, said the government has heard the sentiments of the OFWs and there was no need to call for a “no remittance day.”

“Unang-una, natugunan na hiling nila. Uneccesary na kasi meron nang ginawang hakbang para tugunan kahilingan nila [First of all, their concerns have already been attended to. It [no remittance day]is no longer necessary],” Jose added.

Although President Beningo Aquino 3rd asked the Customs bureau to scratch its planned random inspection of balikbayan boxes, Migrante International, a global alliance of OFWs and their families, said it would push through with its planned “zero remittance day” on August 28.

Based on figures from the Bangko Sentral ng Pilipinas (BSP), the Philippines could lose P3.1 billion if the “zero remittance day” pushes through.

Personal remittances from OFWs reached $26.93 billion in 2014, accounting for 8.5 per cent of the gross domestic product last year.

On average, some 10 million OFWs abroad sent a combined remittance of $2.014 billion per month from January to June this year.

 

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2 Comments

  1. mr. lacierda, pag walang ofw walang dollar reserves ang BSP na pamnbayad ng utang ng pilipinas sa IMF or world bank.. saan kayo kumukuha ng dollars ?? wala nmn exporter ang pilipinas,kundi importer..kaming mga OFW and inyong inieexport ….
    animal kayo..mahiya nmn kayo….