What we have today is a short and simple ceremony for the signing of the Memorandum of Agreement between the Commission on Filipinos Overseas and the Bangko Sentral ng Pilipinas covering the Remittance for Development Council. Short and simple; …. but full of significance.
To the Bangko Sentral, this partnership with the CFO on the Remittance for Development Council, is yet another step forward in our continuing efforts to maximize the benefits from remittances from overseas Filipinos…. not only for themselves and their dependents in particular, … but also for our country in general.