Philippines prepares 'worst-case scenario' for overseas workers
The Philippine government has prepared a "worst-case scenario" should thousands of overseas Filipinos return home due to the global financial crisis, the labour secretary said Tuesday.
"We have the mechanics to assist our workers, to receive them and if necessary, provide them with all the necessary assistance," Marianito Roque said without giving details.
More than eight million Filipinos work in more than 200 countries around the world. Last year they sent home more than 14 billion dollars, which contributed 10 percent of the country's gross domestic product.
While no one expects all eight million workers will be forced home by the financial crisis there is a view by economists that some will be affected.
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