OFW deployment rises but still below pre-COVID levels — DMW | Global News

OFW deployment rises but still below pre-COVID levels — DMW

/ 02:56 PM January 24, 2023
OFW deployment rises but still below pre-COVID levels —DMW

Background photo from Reuters

MANILA, Philippines — The deployment of overseas Filipino workers (OFWs) has increased but it is still below the pre-COVID-19 pandemic levels, the Department of Migrant Workers (DMW) said on Tuesday.

During the Senate subcommittee on economic affairs hearing, DMW Undersecretary Hans Leo Cacdac said that both land-based and sea-based deployment rose in 2022 compared to 2021.

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“Ang land-based deployment, tumaas ng mga 50 to 70 percent as far as I recall. It could be higher… Sa sea-based, tumaas ng mga by November. By November of last year, same period as compared to 2021, tumaas ng mga 10,000 seafarers ang deployment,” Cacdac said.

(The land-based deployment rose by 50 to 70 percent as far as I recall. It could be higher. Sea-based deployment grew in November. By November of last year, same period as compared to 2021, the deployment of seafarers swelled to 10,000.)

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“We are already moving forward. But having already said that, we still had not achieved pre-COVID levels sa (in) deployment. We’re still probably around 50, 60 percent of pre-COVID levels,” he added.

Villanueva, subpanel chairperson, asked for projections when the OFW deployment would return to pre-pandemic levels.

Cacdac replied: “The way the trends are going, baka po (maybe) in two to three years time, maka-pre-COVID na po tayo (we will be in pre-COVID level), this is just my own estimate.”

The undersecretary likewise noted that the Middle East market has opened and economies there are “very bullish.”

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The government is looking to offer $3 billion in retail treasury bonds for OFWs by June this year.

JMS

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