Every year, millions of pounds are sent from the UK to the Philippines to support loved ones. Remittances to the Philippines reached USD 40 Billion in 2023, growing over 5% from under 4% in 2022. After China, the Philippines receives the most remittances in East Asia and the Pacific. In 2022, the country's inbound remittance flows accounted for about half of its GDP, demonstrating its significance...
