Palace sets aside $23M for returning OFWs

Published by rudy Date posted on December 7, 2010

The government has set aside P1 billion ($22.7 million) for the “reintegration” of returning overseas Filipinos in their home country, President Benigno Aquino 3rd said on Monday.

Dubbed as the “reintegration fund,” President Aquino said that the money will be part of a loan program for the Filipinos who have worked abroad and are preparing to come home.

The loan will be offered at a low interest rate and is meant to create an alternative livelihood opportunity for returning overseas Filipino workers (OFWs), the President added.

He said that his administration will push for improvement of skills of OFWs on financial literacy and money management, among others that will help them manage their finances.

The government said that about 300 Filipinos leave for abroad daily in the hope of getting better jobs.

Currently, money sent home by the overseas Filipinos accounts for a 10th of the country’s gross domestic product, the total value of goods and services produced in a country in a year. –XINHUA

Sept 5 – Oct 5
National Teachers Month

“Pay teachers decent wages,
Pay attention to teachers!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.

Accept National Unity Government (NUG)
of Myanmar.  Reject Military!

#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

September


Monthly Observances:

Health, Safety, and Sanitation Month
Clean-up Month
Civil Service Month

National Peace Consciousness Month

Social Security Month

Rule of Law Month

National Teachers’ Month (Sept 5-Oct 5)

 

Weekly Observances:

Sept 17 – 23:

World Clean and Green Week

Week 2: Education Week

Week 4: Medicine Week

Last Week: Family Week


Daily Observances:

Third Saturday: International Coastal Clean-up Day

Third Monday: World Health Day

Last Friday: National Maritime Day

Sept 8: National Literacy Day

Sept 15: Philippine Medicine Day

Categories

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.