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
July 2025
Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”
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 #Distancing #TakePicturesVideosturesVideos
July
3 July – International Day of Cooperatives
3 July – International Plastic Bag Free Day
5 July – World Youth Skills Day
7 July – Global Forgiveness Day
11 July – World Population Day
17 July – World Day for International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons
Monthly Observances:
Schools Safety Month
Nutrition Month
National Disaster Consciousness Month
Weekly Observances:
Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
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