Recto pushes for P1B OFW assistance fund | Global News

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2015 BUDGET

Recto pushes for P1B OFW assistance fund

/ 07:11 PM August 06, 2014

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MANILA, Philippines—Senate President Pro Tempore Ralph Recto on Tuesday pushed for increased allotment in assistance fund for overseas Filipino workers.

In a report aired on Radyo Inquirer 990 AM, Recto said that instead of the P527 million stipulated in the proposed 2015 national budget, the fund should be increased to P1 billion.

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Recto maintained that the P527 million fund for overseas Filipino workers is not enough for possible repatriation and evacuation of Filipinos working in conflict and war-torn countries. Moreover, he claimed that the fund will also benefit the families of OFWs.

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He also added that his proposed increment for the budget is just a small amount compared to the P1.115 trillion revenue being infused to the country’s economy by the Filipino migrant workers.

Currently, there are an estimated 10 million Filipinos working overseas.

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TAGS: budget, OFW, overseas Filipino worker

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