OFWs in Japan Investing In The Growth of The Philippine Economy
Treasurer Rosalia V. de Leon welcoming and encouraging OFWs in Japan to invest in the growth of the Philippine economy by investing in the Government’s retail instruments.
15 February 2023 – The Philippine Embassy in Tokyo, in coordination with the Bureau of Treasury (BTR), hosted a Financial Literacy Session on the National Government’s Retail Instruments, the very first face-to-face session after the COVID-19 pandemic.
The Philippine Government, through the BTR, will be issuing an onshore US Dollar-denominated retail instrument. This bond offering will be another important component of the government’s savings mobilization program, which aims to make government securities more accessible to retail investors and to improve financial literacy in the country.
National Treasurer Rosalia V. de Leon encouraged the Filipinos to take part in advancing the Philippine economy through investing in the retail dollar bonds. She added that investing in these bonds not only increases their earning potential, but would also help advance the growth and development of the Philippines.
Representatives from the Development Bank of the Philippines (DBP) and Land Bank of the Philippines provided further information on the retail dollar bonds and how to invest in these bonds.
This event was also livestreamed through the Embassy’s Facebook page, which may still be viewed at https://www.facebook.com/PHLinJapan/videos/1160710685329404/.
