Cash remittances up 4.4% at $2.48 B in Jan. - News Summed Up

Cash remittances up 4.4% at $2.48 B in Jan.


Cash remittances up 4.4% at $2.48 B in Jan. 0 SHARES Share it! The BSP reported that cash remittances from land-based overseas Filipinos amounted to $1.95 billion during the month, up 2.3 percent. “The combined remittances from these countries accounted for almost 78 percent of total cash remittances,” said BSP. Personal remittances from land-based workers with work contracts of one year or more went up by 2.3 percent to $2.12 billion. Last year, cash remittances rose by 3.1 percent to $28.94 billion from 2017, while personal remittances went up by three percent to $32.21 billion.


Source: Manila Bulletin March 15, 2019 13:52 UTC



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