Please click links: manilastandardtoday/2014/03/19/2013-investment-pledges-hit-p754b/ bsp.gov.ph/statistics/sdds/ExchRate.htm Note that investment pledges in 2013 hit P754 Billion. These were MERE pledges, NOT ACTUAL investments. Compare the aforementioned amount to the total OFW remittances in 2013 which hit the $22.76 Billion mark. At P44.648/$1 exchange rate, the total peso value was P1,016.188 Billion. OFW remittances in 2012 totaled $21.391 Billion, equivalent to P955.064 Billion at the same exchange rate. Its very clear that OFW remittances top investments from foreign sources. But I wonder very strongly what has the government been doing to funnel and marshal part of these remittances into long term, productive, profitable and strategic investments? Is the government serious about building a stable and large middle class? OFWs should demand more service from government. You deserve it. You have kept the economy afloat for more than 2 decades already. Guidance in terms of areas of investments is part and parcel of government mandate and legitimate duties to perform for the citizenry. With many parts of resource-rich Mindanao expected to be open and made accessible to investors after the signing of the peace agreement between the government and the MILF, dapat ang OFWs ay hindi magpapahuli. The OFWs, individually and collectively, ay dapat mag-ready to participate in the development of Mindanao and in partaking of the benefits derived therefrom. Ano po sa tingin ninyo, pwede at kailangan po ba ito? OK lang po ba sa inyo na mauubos at mauubos ang inyong mga remittances sa consumption expenditures at walang maiplastar sa mga long term investments? OK lang po ba sa inyo na magdemand ng serbisyo kahit man lang hinggil sa mga placements ng mga investments?
Posted on: Wed, 19 Mar 2014 07:38:32 +0000
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