CDC-ME
CDC - Middle East ActivitiesFriday, January 14, 2005
Filipinos overseas sent RM29bil home last year
Read More: "Central bank deputy governor Amando Tetangco earlier projected total remittances of 8.3-8.4 billion for the whole of 2004, or 9.2 percent more than the 7.6 billion dollars remitted in 2003.
These inflows from an estimated eight million Filipinos working overseas normally account for about one percentage point of annualized growth in the country's gross national product.
The United States, Saudi Arabia, Italy, Japan, Britain, Hong Kong and the United Arab Emirates remained the major sources of these inflows during the 11-month period, the central bank said.
"
These inflows from an estimated eight million Filipinos working overseas normally account for about one percentage point of annualized growth in the country's gross national product.
The United States, Saudi Arabia, Italy, Japan, Britain, Hong Kong and the United Arab Emirates remained the major sources of these inflows during the 11-month period, the central bank said.
"
Labels: 2004-2006, cdcme, riyadh
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