$2.169B OFW Remittances In February

OFW remittances reached $2.169 billion in February 2017.

According to reports, $1.7 billion came from land-based workers, and $500 million from sea-based workers.

Major contributors were from Japan, Qatar, Singapore, Taiwan, the United Arab Emirates, and the United States of America.

OFW remittance is one of the factors influencing the Philippine economy.

 

 

Source: http://www.rappler.com/business/167157-ofw-remittances-february-2017