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The payment is recorded $ 34.49B

By Luisa Maria Jacinga C. Jocson, Reporter

Money for money from Filipino Earth Ethnies (ofs) Hit all of the highest $ 34.49 billion in 2024, data from Bangko Sentral Ng Pilipinas (BSP) displayed.

The money was sent home by banks to 3% up to $ 3.38 billion in December from $ 3.28 billion in the same month with money charges.

This brought the full extent to Record-High $ 34.49 billion, up to 3% from $ 33,49 billion posted by 2023.

This was accompanied by the prediction of 3% of BSP and its full number of $ 34,5 billion.

“The increase was viewed in places from both seafare and seafare workers,” said BSP.

In December only, money from the water-based workers jumped in 3.7% year to year to $ 2.71 billion from $ 2.61 billion.

Full year, the income payable to 3.4% up to $ 27.55 billion from $ 26.64 billion in 2023.

At that time, the money sent by S60-year-based seasurers at 0.6% to $ 669.28 million in 669.28 million in December and increased by 1.3% 8.

Personal fee, including kindness, rise at 3% to $ 3.73 billion in a $ 3.62 billion December in December 2023.

Since 2024, the personal fee increased by 3% to $ 38.34 billion from $ 37,21 billion in the year before the previous year. This also marks all of the higher personal payments.

Release is calculated by 8.3% and 7.4% of the product of the entire country (GDP) and national revenue (GNI), respectively.

“The growth of money from the United States, Saudi Arabia, Saudapore, and the United Arab Emirates, especially contributed to the increase in 2024,” said the central bank.

The US was the main source of money paid for the past year, Accounting with 40.6% of the value.

This was followed by the Papore (7.2%), Saudi Arabia (6.4%), Japan (4.9%) and the United Kingdom (4.7%).

Some of the releases of the release includes the United Arab Emirates (4.4%), Canada (3.6%), Qatar (2.8%), Taiwan (2.5%).

“The increase of funds issued by 2024 reflects the continuing of the AWWWs in support of the Philippines economy,” said Chh Pay Paolo R. Rivera, a major researcher in the development study, said.

“Economic Eastern East, and Asia-Pacific returns led to higher income and opportunities for employment opportunities, raising money,” add.

Mr. Rivera said the weak peso months ago annual annual months and increase the amount of money sent home.

In END-2024, PEO is closed at P57.845 against the dollar, drop by 4.28% from its 2023 end P55.37. It also collapsed on the matter of record p59-Per-dollar level last year.

Rizal Commerce Banking Corp. The Economist Economist Michael L. Ricafut said the planning of money would be paid in the ministry between the holidays.

“Decree sees the production of some time when exporting for additional fees related to the holidays and family support. The receipt of the digital expiration platforms have been transmitted. Rivera.

This year, Mr. Raara may have occupied a strong driver of growth.

“International Continuous Exchange, especially in health care, technology, and skills.

Mr Ricafort said “A year after 3% per year in recent months and recent years and is expected to grow alike, on, back, based on.”

However, the uncertainty of land from US President Donald J. Trump’s Trade Policy may be released, Mr Ricafort said.

“Trump’s high taxes and first American policies can also reduce global trade, investment, employment including economic activities, and world economic growth,” said.

Mr Trump sees combining tax prices for all the US imported US. This after beating 10% of tax prices for all Chinese imports, which began working at the beginning of this month.

Mr Rivera as well observed that Geopolitical conflicts and land economic strife may increase the growth of money.

“Altogether, it is expected to maintain a modest growth of 2025, preventing major economic disadvantages. Strong intervention will continue to fund the expenditure of LED,” Mr Raara cannot.

Central Bank expects money to get money to grow up 3% this year.


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