The
government said it is ready to absorb overseas Filipino workers (OFWs) who will
return home as oil-producing countries decided to freeze oil production to stabilize
petroleum prices.
Saudi
Arabia and Russia, two major oil producers, agreed recently to cut production
to normalize oil prices that fell massively in the past few months.
Presidential
spokesman Edwin Lacierda acknowledged the concerns of OFWs who might be laid
off as a result of the halt in production by major oil producers especially in
the Middle East.
"Well,
ngayon po sobrang baba po ng presyo ng petrolyo per barrel, so may concern po
ang ating mga OFWs na ma-layoff sila," Lacierda said.
"Siguro
itong pagtigil ng—pag-freeze ng oil production is a way to stem the lowering of
the price of petroleum. Whatever the case may be, the Philippines has been
prepared for this."
He
said that Labor Secretary Rosalinda Baldoz has already made proactive statements
to make sure that OFWs will find assistance by way of looking for alternative
markets and livelihood assistance in case they decide to come home.
"So
we’re hoping that the situation abroad, the oil price situation will stabilize
in a manner that will not exacerbate the anticipated situation of our OFWs
being unemployed," he said adding whatever the condition the government is
ready to respond.
Economists
said the government must attract more foreign investments to enable the country
to create more jobs and ease the impact of the possible return of 2.3 million
OFWs in the Middle East that may be affected by political turmoil and massive
decline in petroleum prices.
No comments:
Post a Comment