MANILA, Philippines – The United Arab Emirates (UAE) will offer low-cost loans to overseas Filipino workers (OFWs) and their families, Labor Secretary Rosalinda Dimapilis Baldoz said in a press statement.
She said the program is under the UAE’s Wage Protection Scheme.
Baldoz discussed the scheme with the UAE Minister of Labor H.E. Sarq Ghobash.
“Minister Ghobash assured me that the UAE will issue low-cost family loans to our OFWs before their departure from the Philippines. The amount of the loan will be equivalent to a 2-month salary,” Baldoz said.
She added that the scheme will be implemented jointly with Philippine banks and the UAE will guarantee the loan payment.
However, the Philippines and the UAE have yet to discuss the project at the technical level.
According to Baldoz, the UAE is also continuing its efforts to protect migrant workers. It is also planning a contract validation program, which is an an electronic system of registering and recording migrant workers’ employment contracts.
“The system… will eliminate contract substitution and allow both workers and employers to refer to just one contract,” Baldoz said.
She added that the UAE is planning to implement the contract validation program in July. –abs-cbnNEWS.com
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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