Boost in PH remittances seen, says think tank

Faster growth in advanced economies that host a large number of overseas Filipino workers (OFWs) will help remittances post stable growth in the coming months, boding well for the consumption-reliant Philippines, New York-based GlobalSource Partners said. In a commentary, Diwa Guinigundo and Wilhelmina Manalac, economists at GlobalSource, agreed with the International Monetary Fund’s (IMF) outlook
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