?A Cause for Alarm?: RP World?s Most Dependent on Overseas Remittances ? Ibon
MANILA — Remittances from overseas Filipino workers (OFWs) have become the country’s biggest source of dollars, and this has made the country among the most dependent on such inflows in the world. This was revealed during independent think-tank IBON Foundation’s Birdtalk, the organization’s year-end economic and political briefing.
