NurseReview.Org: Strong rise in Gulf remittances to Philippines |  |
| Strong rise in Gulf remittances to Philippines Posted: 11 Dec 2009 01:19 PM PST Remittances from the millions of Filipinos working abroad rose strongly in September from August, data from the country's central bank showed, contributing to upbeat forecasts for the economy. But with the Gulf accounting for more than half the number of Filipino workers hired abroad last year, they are unlikely to escape the slowdown unscathed. At the same time, buoyancy in other markets is expected to boost remittances growth and keep the overall economy on track for expansion this year. READ MORE Article copyright NurseReview.org - #1 source of information to update nurses all over the world. All rights reserved. No part of an article may be reproduced without the prior permission.  
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