Remittances From Indonesian Migrants Worker in the Trillions

Ady TD Achmad, Robert Sidauruk

The Ministry of Manpower and Transmigration (Ministry) has recorded that  the total amount of remittances to Indonesia  by Indonesian migrant workers for this year’s  Eid celebration, reached Rp 15 trillion, an increase of Rp 3 trillion from last year’s Rp 12 trillion.

According to Reyna Usman, Director General of Worker Empowerment and Placement at the Ministry, the high number of migrant workers that returned to Indonesia for the Eid celebration  contributed to  the increase in the total remitted funds. t.

“The high number of migrant workers that returned to Indonesia contributed  40% - 50% of the total remitted funds recorded by the Ministry,” says Reyna.

Elaborating, , Reyna informed that approximately 100,000 migrant workers returned to Indonesia for the Eid celebration this year mostly from  Middle East countries, Brunei Darussalam, Malaysia, Singapore, Hong Kong, South Korea, Japan and Taiwan. Some of them were on leave  and the rest had either completed their contract or will extend their overseas  contract from  Indonesia.

Indonesian immigrant workers who were unable to return home for the holiday also significantly contributed  to the total amount  remitted toIndonesia. Such immigrant workers used  various methods  to send money to their family through both banks and non-bank financial institutions. In addition, , there are also some workers who gave cash to   their compatriots  who returned to Indonesia.

In anticipation of possible wasteful consumption, Muhaimin Iskandar, Minister of the Manpower and Transmigration encourages migrants workers as well as their families to utilizefunds brought back from overseas  in a productive manner, for example to invest  in agriculture, plantations or the trading sector and to capitalize on  potential opportunities in their home towns.

To support  such efforts, , the Government has organized initiatives  in several regions where migrant workers and their families originate from. Such initiatives include  assisting individuals and or groups to develop new entreprisesr, labor-intensive employment, home industry businesses, counseling on bank and non-banking loans as well as remittance services.   

“By doing so, the remittances will not only be l beneficial to the development of the region but will also create  new job opportunities for local  society,” Muhaimin explains.

(hot/kc)

Ady TD Achmad, Robert Sidauruk

The Ministry of Manpower and Transmigration (Ministry) has recorded that  the total amount of remittances to Indonesia  by Indonesian migrant workers for this year’s  Eid celebration, reached Rp 15 trillion, an increase of Rp 3 trillion from last year’s Rp 12 trillion.

According to Reyna Usman, Director General of Worker Empowerment and Placement at the Ministry, the high number of migrant workers that returned to Indonesia for the Eid celebration  contributed to  the increase in the total remitted funds. t.

“The high number of migrant workers that returned to Indonesia contributed  40% - 50% of the total remitted funds recorded by the Ministry,” says Reyna.

Elaborating, , Reyna informed that approximately 100,000 migrant workers returned to Indonesia for the Eid celebration this year mostly from  Middle East countries, Brunei Darussalam, Malaysia, Singapore, Hong Kong, South Korea, Japan and Taiwan. Some of them were on leave  and the rest had either completed their contract or will extend their overseas  contract from  Indonesia.

Indonesian immigrant workers who were unable to return home for the holiday also significantly contributed  to the total amount  remitted toIndonesia. Such immigrant workers used  various methods  to send money to their family through both banks and non-bank financial institutions. In addition, , there are also some workers who gave cash to   their compatriots  who returned to Indonesia.

In anticipation of possible wasteful consumption, Muhaimin Iskandar, Minister of the Manpower and Transmigration encourages migrants workers as well as their families to utilizefunds brought back from overseas  in a productive manner, for example to invest  in agriculture, plantations or the trading sector and to capitalize on  potential opportunities in their home towns.

To support  such efforts, , the Government has organized initiatives  in several regions where migrant workers and their families originate from. Such initiatives include  assisting individuals and or groups to develop new entreprisesr, labor-intensive employment, home industry businesses, counseling on bank and non-banking loans as well as remittance services.   

“By doing so, the remittances will not only be l beneficial to the development of the region but will also create  new job opportunities for local  society,” Muhaimin explains.

(hot/kc)

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