BSP report says overseas Filipinos powering up PH economy with 3.1% remittance increase in April
According to the latest media advisory from the Bangko Sentral ng Pilipinas (BSP), personal remittances from Overseas Filipinos (OFs) saw a notable increase of 3.1% in April 2024, reaching US$2.86 billion. This growth continues to underscore the vital role of remittances in the Philippine economy, acting as a critical lifeline for many families and a […]