PBBM thanks US Filipinos for remittances amid economic challenges

President Ferdinand R. Marcos Jr. thanked the Filipino community in the US for their invaluable contributions, particularly through remittances, which have helped the Philippines navigate difficult global and regional economic crises.

As of June, personal remittances to the Philippines amounted to $3.13 billion, with 41.1 percent originating from the US.

He noted that personal remittances rose by 2.2 percent in 2023 and continue to increase yearly.

Marcos encouraged overseas Filipinos to invite their families and friends to visit and invest in the Philippines, highlighting government reforms and innovations.

He expressed his vision of a future where working overseas is not the only option for Filipinos, emphasizing the need for continued support from the diaspora.

The President urged the community to act as ambassadors of goodwill, promoting Philippine culture and advocating for the country as a destination for tourism, trade, and investment.

He also called on them to be champions for the Philippines amidst rising hate crimes against Asian American and Pacific Islander communities, with the Philippine Embassy and consulates in the US coordinating with local authorities to provide assistance.