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Posted on Saturday, May 10, 2008
The Department of Labor and Employment (DOLE) today said that the suspension of the loans to overseas Filipino workers (OFWs) departing for work abroad, which had reached some P70 million with less than one-third repaid by the beneficiaries, is a necessary measure to stop the drain threatening the OFW fund.
Speaking in behalf of Labor and Employment Secretary Marianito D. Roque, Acting Labor Secretary Romeo C. Lagman said the measure is also necessary to
review the program and come up with a better system to assist the OFWs, and at the same time, continue, sustain, and preserve the integrity of the OWWA Fund. 
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