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
20 February –
WORLD DAY OF SOCIAL JUSTICE
“Every day, give everyone their due.
Every day should be Social Justice Day!
The only way”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
February Observances
1-7 Feb: World Interfaith Harmony Week
01 Feb: World Wetlands Day
02 Feb: International Day of Human Fraternity
04 Feb: International Day of Zero Tolerance
for Female Genital Mutilation
11 Feb: International Day of Women and Girls
in Science
20 Feb: World Day of Social Justice
Monthly Observances:
National Health Insurance Month
Weekly Observances:
Week 1: National Awareness Week
for the Prevention of Child Sexual Abuse
and Exploitation
Week 3: Public Administration Week
Daily Observances:
Feb 1 Constitution Day
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