What is mandatory for all Filipino workers abroad concerning their earnings?

What is mandatory for all Filipino workers abroad concerning their earnings?

• A. They must invest in local businesses
• B. They must remit a portion of their foreign exchange earnings to their families
• C. They must save all their earnings in overseas banks
• D. They must donate a percentage to charity

Answer: (B)

The requirement for all Filipino workers abroad to remit a portion of their foreign exchange earnings to their families is rooted in the Philippines' socio-economic practices and principles. This remittance serves both as a vital resource for the families left back home and is a significant contributor to the national economy. When Filipino workers send money to their families, it helps alleviate poverty, improves living standards, and supports local businesses and services in the Philippines. This practice is encouraged and often integrated into the cultural norms for overseas Filipino workers (OFWs), emphasizing the importance of familial support and connection even when working in foreign countries. It creates a flow of income that not only assists family members but also boosts economic activity in local communities. The other choices present alternatives that do not reflect a mandatory requirement in the same way. Investing in local businesses, saving all earnings in overseas banks, or donating a percentage to charity, while they may be beneficial practices, are not enforced or required regulations for all workers.

The requirement for all Filipino workers abroad to remit a portion of their foreign exchange earnings to their families is rooted in the Philippines' socio-economic practices and principles. This remittance serves both as a vital resource for the families left back home and is a significant contributor to the national economy. When Filipino workers send money to their families, it helps alleviate poverty, improves living standards, and supports local businesses and services in the Philippines.

This practice is encouraged and often integrated into the cultural norms for overseas Filipino workers (OFWs), emphasizing the importance of familial support and connection even when working in foreign countries. It creates a flow of income that not only assists family members but also boosts economic activity in local communities.

The other choices present alternatives that do not reflect a mandatory requirement in the same way. Investing in local businesses, saving all earnings in overseas banks, or donating a percentage to charity, while they may be beneficial practices, are not enforced or required regulations for all workers.