Slide 1The Government of the Republic of the Philippines Bangko Sentral ng Pilipinas OFW Remittances in the Philippines Slide 2 2 Bangko Sentral ng Pilipinas Ease foreign…
Philippines: Treatment of Remittances in NTA Rachel H. Racelis J.M. Ian S. Salas SKKU, Seoul, Korea 5 Nov 2007 Introduction NTA aggregate control for labor income: YL = (2/3)*household…