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PIA Press Release
2008/01/08

Ilocano News: DBP insayangkat na ti "hedging program" kas tulong kadagiti OFWs

By Jessie R. Valdez

Manila (8 January) -- Insayangkat ti Gobierno ken Development Bank of the Philippines (DBP) ti "hedging program" tapno dagiti remittances- deposito dagiti OFWs ket maprotektaran gapu iti nangato a balor ti piso vs. US dollar.

Gapu ta apektado unay dagiti OFWs maipanggep ti nangato a balor ti piso, impakammo ni Labor Secretary Arturo Brion nga ti DBP manglukat ti espesyal a pasilidad nga manggarantisar ti nasayaat a pannaka-taming ti remittances da babaen iti panangipababa ti nangato a "transaction costs" ti remittances dagiti OFWs a gapuanan ti nangato a balor ti piso vs. US dollar.

Idi napalabas a bulan, binagaan ni Presidente Gloria Arroyo ni Sec. Brion nga iyaddias da kada kontrata ti membership fee a makolektar kadagiti OFW iti P42.00 laeng kada US dollar ket nairugin iti daytoy a bulan tapno dagiti mateggedan dagiti OFWs ket maprotektaran iti panagngato ti balor ti piso.

Al-allukuyen ni Brion dagiti OFWs nga agusar da iti daytoy a "hedging program" ti gobierno tapno ngumaton ti inda maurnong a kuarta ket malisian da dagiti makunkuna a "rags-to-riches-to-rags syndrome."

Daytoy naisayangkat nga "hedging program", naiyeskedul nga mainaguraran sadiay Hongkong iti daytoy a bulan babaen ken ni DBP Chairperson Patricia Sto. Tomas ken Labor Sec. Arturo Brion. (PIA La Union) [top]

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