Presidential Communications Operations Office



  PIA Bldg, Visayas Ave, Diliman, Quezon City, Philippines
  Saturday, 25 May 2019 News Before 1 Feb 2012. Click for Latest
Web PIA  
 
home
 
about
 
fotos
 
info
 
links
 
ncrr01carr02r03calmimr05r06r07r08r09r10r11r12r13
 << May 2019 >> 
S M T W T F S
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31
Special News Editions:
English.Tagalog.Cebuano
Ilocano.Waray.Hiligaynon
Pangasinan.Other
PIA Specials:
NEW! Cabinet Officials
Jobs.Slides.Specials.Ads. Events.ASEAN.Multimedia
Visitors since 15 Feb 2011:
PIA News Archive:
English.Tagalog.Cebuano
Waray.Hiligaynon.Ilocano
Pangasinan.All
PIA Archive News Reader

PIA Press Release
2009/02/04

Gov't allocates P1-billion livelihood support fund for displaced OFWs

by T. Villavert

Iloilo City (4 February) -- An initial allocation of P1 billion will be allotted for the livelihood support fund for displaced overseas Filipino workers (OFWs) who are affected by the global financial meltdown.

This was disclosed by President Gloria Macapagal-Arroyo during her meeting with the Filipino community at the Philippine Embassy in Riyadh, where she directed the Department of Labor and Employment and the Overseas Workers and Welfare Administration involved in the livelihood assistance programs of the government.

The Malacanang press report disclosed that the President also explained that the P1 billion-fund will be sourced out from the OWWA and government lending institutions like the Development Bank of the Philippines and the Land Bank of the Philippines.

"Ang unang bahagi nito ay Filipino Expatriate Livelihood Support Fund sa halagang P1 billion na popondohan ng OWWA at suportado ng mga government lending institutions gaya ng Development Bank of the Philippines at Land Bank. maaaring gamitin ng mga expatriates na nawalaan ng trabaho ang pondong ito para mamuhunan sa mga bagong negosyo o pondohan ang dagdag na pag-aaral o training," President Arroyo said.

She instructed Secretary Marianito Roque of the DOLE to spearhead the "simple and not complicated" implementation of the program for the displaced Filipino workers abroad.

The Malacanang press report also disclosed that the government is now is now conducting an on-line information drive thru the phil-job.net to help Filipino expatriate workers search job and employment opportunities via internet. (PIA 6) [top]

|«  prev  next  »|
DAILY NEWS LIST:
»Rural program to create 1M jobs
»PGMA understanding sought for thousands of homeowners
»OTI OTOP showroom now accepts orders
»National Arts Month begins
»BIR opens new Mindanao IT training center in Tagum City
»Panabo mayor's dental services reach more barangays
»Cebuano News: Malacanang nagdawat sa imbestigasyon sa Senado kalabot sa mga pre-need nga kompaniya
»CSC clarifies rule on rationalization
»Butuan CENRO gets promotion as full-fledged PENR Officer
»Cebuano News: Surigao del Sur padayon sa pagtigum ug damage reports sa tibuok probinsiya
|«  prev  next  »|

Philippine Official Gazette | Office of the President | Presidential Communications Operations Office
For comments and feedback, please email PIA Newsdesk
Copyright © 2005 Philippine Information Agency
PIA Building, Visayas Avenue, Diliman, Quezon City 1101 Philippines