Remittances remained strong in Asia amid the pandemic, but governments are urged to sustain programs that assist returning or departing migrant workers, an Asian Development Bank report said.
As risks remain for migrant workers while the pandemic is still raging, the report noted governments should be prepared to implement programs to help returnees find new employment and prevent beneficiary families from falling into poverty.
The authors said, “The recent strong remittance figures should not be seen as a reason to return to business as usual. Rather, they are an opportunity to strengthen the systems that help overseas workers and their families back home.”
Remittances to Asia and the Pacific region started to recover in the second half last year following a deep slump between April and May.
In the 11 months of 2020, money sent home by 12 million Filipino workers overseas contracted by only 0.9 percent year-on-year.