Monday, December 19, 2011

OFW families saving more in 4th quarter

A high savings rate is one of the indicators of a healthy domestic economy.  Why?  Investments in infrastructure, agriculture, tourism, factories, etcetera require financing.  And financing stems from savings coming from local and foreign sources.

That is why it is great news that OFW families are starting to save more as indicated in this Philstar.com article.  Read more...

1 comment:

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