00:00The Central Bank of the Philippines has recorded a record high of personal remittances from OFWs in December 2024 that amounted to 3.73 billion U.S. dollars.
00:11Based on the data released by the BSP, the personal remittances of OFWs in 2024 amounted to 38.34 billion U.S. dollars,
00:21which is 3 percent higher than the 37.21 billion U.S. dollars in 2023.
00:26The remittances were sent through bank and informal channels.
