Excerpt from an article on GMANews.TV:

MANILA, Philippines – Even before it gets off the ground, militant migrants groups’ “no remittance day” campaign is already creating discomfort for the Bangko Sentral ng Pilipinas and Malacanang.

Deputy presidential spokesman Lorelei Fajardo described the move as “irresponsible and tantamount to economic sabotage.”

BSP deputy governor Diwa Gunigundo candidly admitted that non-remittance by overseas Filipino workers would have tremendous impact on the economy.

He appealed to Filipinos overseas to find other ways to express their disgust at the Arroyo government. “This (remittance boycott) will have a big effect to the country. Perhaps they can still find other ways [to express their protest],” he said.

Read full article at GMANews.TV

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