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Foreign Philipinos continue to pay the foreign Philippines economy, which reached $ 34.49 billion in 2024, which is twice as much as foreign portfolio investments or “hot money”.
The latest information of the Bango Central NG Pilipinas (BSP) increased by 3 per cent from January to December 2023.
“The company (IMDI), Managing Director of Migration and Development Problems (IMDI), said,” The money laundering and consumption costs of foreign Philippinos will be one of the main economic drivers of the country by migrant and non -diaspora families. “
. 34.49-Billian money laundering, according to explanation, 217.8 % of foreign portfolio investments or $ 15.83 billion “hot money” in 2024-it does not stay permanently in the country.
Moreover, from January to November 2024, worth $ 31.11 billion is 362.5 per cent higher than foreign direct investment. 8.58 billion.
“Both types of resources depend on the country, and the hard work and revenue of the Philippines are the most visible resource of the Philippines,” said Santo Tomas University (USD) and the Director of Social Science Research Center.
Sending money from Philipinos in the United States, Singapore, Saudi Arabia, Japan, the United Kingdom, the United Arab Emirates, Canada, Qatar, Taiwan, the Republic of India and other countries that the BSP has developed money by 2024.
The weakening of the Philippines Beso has raised the value and value of sending money in the words of Peso, commenting.
Rising inflation may have forced immigrant families to request more financial assistance from their foreign bread sellers.
In anticipation of this year, United States President Donald said that economic and immigration policies are expected to affect money -sending flowing flow.
The fees imposed on major exports from Canada, Mexico and China have raised concerns about the fate of 300,000 non -documentary Philipinos in the United States, along with the most aggressive deportation measures.
“The world has not yet realized the economic impact of the US fees. It takes time for the impact of those fees on US jobs and inflation, and perhaps at least six months. Therefore, the cost of rising costs in the United States will lead to saving more and less for the Philippines.” .
The Philippine government is also said to be ready to deport the Philipinos from the United States. The Department of Migrant Workers and other relevant agencies has suggested that they should not boycott their duties to provide regular restructuring to Philipinos, such as the Philippines and Malaysia, such as the Philippines and Malaysia.
Now, as always, the Philippines economy is to diversity from the Philippine companies abroad. “We are better determined other ways to attract this private money -sending income as investments in the Philippines.”
We understand the feelings of the “cost of revenge” and the post -income infections. But the owners of the money sending learned their lessons from the infection, and raising the costs of health (not only education), and then the Philippines Bank accounts and perhaps more savings to the capital, if they conduct businesses in the Philippines. ”
“We will never forget that the entire well -being of the people, the Philippine workers abroad (post -infection), are still facing their jobs, income and even their attitudes,” he said.
The Bahujan Samaj Party’s data increased by 3 per cent from foreign Philipinos to $ 3.62 billion in December 2023 to $ 3.73 billion in December 2024.
Overall, the total amount of money set a record of $ 38.34 billion by 2024, which is 3 percent more than $ 37.21 billion registered in 2023.
The sending of the entire year 2024 refers to 8.3 per cent and 7.4 per cent in the country’s GDP (GDP) (GDI), respectively.
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