An escalation of tensions between Saudi Arabia and Iran could lead to “challenges,” particularly with regard to jobs, for overseas Filipino workers (OFWs) in the Middle East, a senior Bangko Sentral ng Pilipinas (BSP) official said.
“My concern is that if the Saudi-Iran conflict extends beyond their respective borders and affects all the contiguous jurisdictions, then we will have some challenges,” central bank Deputy Governor Diwa Guinigundo told reporters.
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