{"id":51917,"date":"2015-06-15T23:05:28","date_gmt":"2015-06-15T15:05:28","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=51917"},"modified":"2015-06-15T23:13:56","modified_gmt":"2015-06-15T15:13:56","slug":"bsp-survey-more-ofw-households-save-part-of-remittances","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2015\/06\/15\/bsp-survey-more-ofw-households-save-part-of-remittances\/","title":{"rendered":"BSP survey: More OFW households save part of remittances"},"content":{"rendered":"<figure id=\"attachment_40141\" aria-describedby=\"caption-attachment-40141\" style=\"width: 300px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/01\/shutterstock_209123032.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-40141\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/01\/shutterstock_209123032-300x199.jpg\" alt=\"shutterstock\" width=\"300\" height=\"199\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/01\/shutterstock_209123032-300x199.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/01\/shutterstock_209123032.jpg 1000w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-40141\" class=\"wp-caption-text\">shutterstock<\/figcaption><\/figure>\n<p>MANILA &#8212; The Bangko Sentral ng Pilipinas noted on its recent survey that more overseas Filipino workers&#8217; households are saving a portion of their remittances.<\/p>\n<p>OFW households allocating funds rose to 49.7 percent in the second quarter from 39.4 percent recorded in January to March.<\/p>\n<p>The latest Consumer Expectations Survey of the BSP also showed that the figure is the highest recorded level since it reached 50.4 percent in the first quarter of 2010.<\/p>\n<p>It improved to the fourth ranking from being fifth in the previous quarter.<\/p>\n<p>Aside from savings, other uses of remittances included in the survey, were\u00a0to buy food and other household needs, fund education expenses, and pay medical fees.<\/p>\n<p>Remittances are among the main driver of the Philippine economy, as it support domestic consumption.<\/p>\n<p>The latest data of the BSP showed that the country&#8217;s cash remittances reached 5.5 percent to\u00a0$5.79 billion in the first quarter from $5.49 billion in the same period last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA &#8212; The Bangko Sentral ng Pilipinas noted on its recent survey that more overseas Filipino workers&#8217; households are saving &hellip;<\/p>\n","protected":false},"author":44,"featured_media":40141,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-51917","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","mauthors-lei-fontamillas","mauthors-philippine-canadian-inquirer"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/51917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=51917"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/51917\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/40141"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=51917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=51917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=51917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}