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Tuesday, October 31, 2017

HB 6519 Urges OFWs To Invest Their Savings In Government Projects


Every Overseas Filipino Workers OFWs who plan to go home and stay with their beloved family for good look for an investment or business to sustain their needs. With the creation of the OFW Bank (OFB) which allows them to buy shares and be a stockholder, they now have an option. OWWA also has livelihood programs and financial literacy programs for OFWs. Now another option will be soon available to the OFWs should this new bill be approved and implemented.  House Bill 6519 pushes for the establishment of a special fund where (OFWs) can invest their earnings into the government’s infrastructure projects.  The bill was filed by Rep. Jesulito Manalo of the seafarers’ party-list, ANGKLA, called the “OFW Sovereign Fund Act”, a special fund where all OFWs, their immediate family members, and other Filipino citizens overseas can invest their money government infrastructure projects through the Bureau of treasury.  The fund will allow the OFWs to directly benefit from the billions of pesos they contribute into the Philippine economy through their remittances.  Manalo, chairman of the committee on overseas workers affairs, said that the establishment of the “OFW Sovereign Fund” will help government lessen its reliance on taxes and fees as main source of funds for infrastructure projects.  The best thing is that the earnings of the OFWs, former OFWs and other investors from the bonds or debt or investment instruments for the government shall be exempted from any and all kinds of taxes in exchange for their cash investments.   The Bureau of Treasury will also be responsible for disseminating the information and educate all OFWs about the programme, the creation and purpose of the OFW Sovereign Fund and how the investment in the fund will be mutually beneficial to the OFWs and the government. Sponsored Links Sources: congress.gov.ph       Advertisement Read More:        ©2017 THOUGHTSKOTO
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Every Overseas Filipino Workers OFWs who plan to go home and stay with their beloved family for good look for an investment or business to sustain their needs. With the creation of the OFW Bank (OFB) which allows them to buy shares and be a stockholder, they now have an option. OWWA also has livelihood programs and financial literacy programs for OFWs. Now another option will be soon available to the OFWs should this new bill be approved and implemented.

House Bill 6519 pushes for the establishment of a special fund where (OFWs) can invest their earnings into the government’s infrastructure projects.

The bill was filed by Rep. Jesulito Manalo of the seafarers’ party-list, ANGKLA, called the “OFW Sovereign Fund Act”, a special fund where all OFWs, their immediate family members, and other Filipino citizens overseas can invest their money government infrastructure projects 
through the Bureau of treasury.

The fund will allow the OFWs to directly benefit from the billions of pesos they contribute into the Philippine economy through their remittances.
Every Overseas Filipino Workers OFWs who plan to go home and stay with their beloved family for good look for an investment or business to sustain their needs. With the creation of the OFW Bank (OFB) which allows them to buy shares and be a stockholder, they now have an option. OWWA also has livelihood programs and financial literacy programs for OFWs. Now another option will be soon available to the OFWs should this new bill be approved and implemented.  House Bill 6519 pushes for the establishment of a special fund where (OFWs) can invest their earnings into the government’s infrastructure projects.  The bill was filed by Rep. Jesulito Manalo of the seafarers’ party-list, ANGKLA, called the “OFW Sovereign Fund Act”, a special fund where all OFWs, their immediate family members, and other Filipino citizens overseas can invest their money government infrastructure projects through the Bureau of treasury.  The fund will allow the OFWs to directly benefit from the billions of pesos they contribute into the Philippine economy through their remittances.  Manalo, chairman of the committee on overseas workers affairs, said that the establishment of the “OFW Sovereign Fund” will help government lessen its reliance on taxes and fees as main source of funds for infrastructure projects.  The best thing is that the earnings of the OFWs, former OFWs and other investors from the bonds or debt or investment instruments for the government shall be exempted from any and all kinds of taxes in exchange for their cash investments.   The Bureau of Treasury will also be responsible for disseminating the information and educate all OFWs about the programme, the creation and purpose of the OFW Sovereign Fund and how the investment in the fund will be mutually beneficial to the OFWs and the government. Sponsored Links Sources: congress.gov.ph       Advertisement Read More:        ©2017 THOUGHTSKOTO
Manalo, chairman of the committee on overseas workers affairs, said that the establishment of the
 “OFW Sovereign Fund” will help government lessen its reliance on taxes and fees as main source of funds for infrastructure projects.

The best thing is that the earnings of the OFWs, former OFWs and other investors from the bonds or debt or investment instruments for the government shall be exempted from any and all kinds of taxes in exchange for their cash investments.
Every Overseas Filipino Workers OFWs who plan to go home and stay with their beloved family for good look for an investment or business to sustain their needs. With the creation of the OFW Bank (OFB) which allows them to buy shares and be a stockholder, they now have an option. OWWA also has livelihood programs and financial literacy programs for OFWs. Now another option will be soon available to the OFWs should this new bill be approved and implemented.  House Bill 6519 pushes for the establishment of a special fund where (OFWs) can invest their earnings into the government’s infrastructure projects.  The bill was filed by Rep. Jesulito Manalo of the seafarers’ party-list, ANGKLA, called the “OFW Sovereign Fund Act”, a special fund where all OFWs, their immediate family members, and other Filipino citizens overseas can invest their money government infrastructure projects through the Bureau of treasury.  The fund will allow the OFWs to directly benefit from the billions of pesos they contribute into the Philippine economy through their remittances.  Manalo, chairman of the committee on overseas workers affairs, said that the establishment of the “OFW Sovereign Fund” will help government lessen its reliance on taxes and fees as main source of funds for infrastructure projects.  The best thing is that the earnings of the OFWs, former OFWs and other investors from the bonds or debt or investment instruments for the government shall be exempted from any and all kinds of taxes in exchange for their cash investments.   The Bureau of Treasury will also be responsible for disseminating the information and educate all OFWs about the programme, the creation and purpose of the OFW Sovereign Fund and how the investment in the fund will be mutually beneficial to the OFWs and the government. Sponsored Links Sources: congress.gov.ph       Advertisement Read More:        ©2017 THOUGHTSKOTO
The Bureau of Treasury will also be responsible for disseminating the information and educate all OFWs about the programme, the creation and purpose of the OFW Sovereign Fund and how the investment in the fund will be mutually beneficial to the OFWs and the government.
Every Overseas Filipino Workers OFWs who plan to go home and stay with their beloved family for good look for an investment or business to sustain their needs. With the creation of the OFW Bank (OFB) which allows them to buy shares and be a stockholder, they now have an option. OWWA also has livelihood programs and financial literacy programs for OFWs. Now another option will be soon available to the OFWs should this new bill be approved and implemented.  House Bill 6519 pushes for the establishment of a special fund where (OFWs) can invest their earnings into the government’s infrastructure projects.  The bill was filed by Rep. Jesulito Manalo of the seafarers’ party-list, ANGKLA, called the “OFW Sovereign Fund Act”, a special fund where all OFWs, their immediate family members, and other Filipino citizens overseas can invest their money government infrastructure projects through the Bureau of treasury.  The fund will allow the OFWs to directly benefit from the billions of pesos they contribute into the Philippine economy through their remittances. Every Overseas Filipino Workers OFWs who plan to go home and stay with their beloved family for good look for an investment or business to sustain their needs. With the creation of the OFW Bank (OFB) which allows them to buy shares and be a stockholder, they now have an option. OWWA also has livelihood programs and financial literacy programs for OFWs. Now another option will be soon available to the OFWs should this new bill be approved and implemented.  House Bill 6519 pushes for the establishment of a special fund where (OFWs) can invest their earnings into the government’s infrastructure projects.  The bill was filed by Rep. Jesulito Manalo of the seafarers’ party-list, ANGKLA, called the “OFW Sovereign Fund Act”, a special fund where all OFWs, their immediate family members, and other Filipino citizens overseas can invest their money government infrastructure projects through the Bureau of treasury.  The fund will allow the OFWs to directly benefit from the billions of pesos they contribute into the Philippine economy through their remittances.  Manalo, chairman of the committee on overseas workers affairs, said that the establishment of the “OFW Sovereign Fund” will help government lessen its reliance on taxes and fees as main source of funds for infrastructure projects.  The best thing is that the earnings of the OFWs, former OFWs and other investors from the bonds or debt or investment instruments for the government shall be exempted from any and all kinds of taxes in exchange for their cash investments.   The Bureau of Treasury will also be responsible for disseminating the information and educate all OFWs about the programme, the creation and purpose of the OFW Sovereign Fund and how the investment in the fund will be mutually beneficial to the OFWs and the government. Sponsored Links Sources: congress.gov.ph       Advertisement Read More:        ©2017 THOUGHTSKOTO Manalo, chairman of the committee on overseas workers affairs, said that the establishment of the “OFW Sovereign Fund” will help government lessen its reliance on taxes and fees as main source of funds for infrastructure projects.  The best thing is that the earnings of the OFWs, former OFWs and other investors from the bonds or debt or investment instruments for the government shall be exempted from any and all kinds of taxes in exchange for their cash investments. Every Overseas Filipino Workers OFWs who plan to go home and stay with their beloved family for good look for an investment or business to sustain their needs. With the creation of the OFW Bank (OFB) which allows them to buy shares and be a stockholder, they now have an option. OWWA also has livelihood programs and financial literacy programs for OFWs. Now another option will be soon available to the OFWs should this new bill be approved and implemented.  House Bill 6519 pushes for the establishment of a special fund where (OFWs) can invest their earnings into the government’s infrastructure projects.  The bill was filed by Rep. Jesulito Manalo of the seafarers’ party-list, ANGKLA, called the “OFW Sovereign Fund Act”, a special fund where all OFWs, their immediate family members, and other Filipino citizens overseas can invest their money government infrastructure projects through the Bureau of treasury.  The fund will allow the OFWs to directly benefit from the billions of pesos they contribute into the Philippine economy through their remittances.  Manalo, chairman of the committee on overseas workers affairs, said that the establishment of the “OFW Sovereign Fund” will help government lessen its reliance on taxes and fees as main source of funds for infrastructure projects.  The best thing is that the earnings of the OFWs, former OFWs and other investors from the bonds or debt or investment instruments for the government shall be exempted from any and all kinds of taxes in exchange for their cash investments.   The Bureau of Treasury will also be responsible for disseminating the information and educate all OFWs about the programme, the creation and purpose of the OFW Sovereign Fund and how the investment in the fund will be mutually beneficial to the OFWs and the government. Sponsored Links Sources: congress.gov.ph       Advertisement Read More:        ©2017 THOUGHTSKOTO The Bureau of Treasury will also be responsible for disseminating the information and educate all OFWs about the programme, the creation and purpose of the OFW Sovereign Fund and how the investment in the fund will be mutually beneficial to the OFWs and the government.

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Source: congress.gov.ph 
Every Overseas Filipino Workers OFWs who plan to go home and stay with their beloved family for good look for an investment or business to sustain their needs. With the creation of the OFW Bank (OFB) which allows them to buy shares and be a stockholder, they now have an option. OWWA also has livelihood programs and financial literacy programs for OFWs. Now another option will be soon available to the OFWs should this new bill be approved and implemented.  House Bill 6519 pushes for the establishment of a special fund where (OFWs) can invest their earnings into the government’s infrastructure projects.  The bill was filed by Rep. Jesulito Manalo of the seafarers’ party-list, ANGKLA, called the “OFW Sovereign Fund Act”, a special fund where all OFWs, their immediate family members, and other Filipino citizens overseas can invest their money government infrastructure projects through the Bureau of treasury.  The fund will allow the OFWs to directly benefit from the billions of pesos they contribute into the Philippine economy through their remittances.  Manalo, chairman of the committee on overseas workers affairs, said that the establishment of the “OFW Sovereign Fund” will help government lessen its reliance on taxes and fees as main source of funds for infrastructure projects.  The best thing is that the earnings of the OFWs, former OFWs and other investors from the bonds or debt or investment instruments for the government shall be exempted from any and all kinds of taxes in exchange for their cash investments.   The Bureau of Treasury will also be responsible for disseminating the information and educate all OFWs about the programme, the creation and purpose of the OFW Sovereign Fund and how the investment in the fund will be mutually beneficial to the OFWs and the government. Sponsored Links Sources: congress.gov.ph       Advertisement Read More:        ©2017 THOUGHTSKOTO
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