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
June 2025
Philippine Environment Month!
“Action for Nature, for the Future!”
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
Monthly Observances:
1 Jun – World Day of Parents
5 Jun – World Environment Day
7 Jun – World Food Safety Day
8 Jun – World Oceans Day
12 Jun – World Day Against Child Labour
15 Jun – World Elder Abuse Awareness Day
16 Jun – International Day of Family Remittances
17 Jun – World Day to Combat Desertification and Drought
20 Jun – World Refugee Day
25 Jun – Day of the Seafarer
27 Jun – Micro-, Small and Medium-sized Enterprises Day
Daily Observances:
June 6: Migrant Workers Day
June 19: Filipino Youth Day
June 25: Day of the Filipino Seafarer
