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 OFWs Remitted US$40 Billion

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PostSubject: OFWs Remitted US$40 Billion   Fri Sep 16, 2011 11:12 am

According to Senator Francisco Pangilinan, the seven million overseas Filipino workers (OFWs) worldwide have remitted over US$40 billion to the Philippines from 1991 to 2001. In 2002 alone, the Central Bank was expecting that dollar remittances from the OFW would climb to an all-time high of US$8 billion.
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