SUMMARY
This is AI generated summarization, which may have errors. For context, always refer to the full article.
The Philippines’ largest dollar earner has constantly been the money sent home by overseas Filipinos, many of whom send nearly all they earn to their families. Despite a global economic downturn and the Euro crisis, overseas Filipinos send $11.3 billion from January to June this year, up 5.3% from last year. The only sign of the global economy: the rate of growth of remittances is slowing.
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