Keynote Speech of Jaime Augusto Zobel de Ayala - Forum on Promoting Remittance for Development Finance
In his keynote address, businessman Jaime Augusto Zobel de Ayala acknowledges the long-term value and positive effects of remittances to our country, citing that in the past decade, remittances have grown at a yearly average of 10%. This growth needs to be supported and sustained through strategies such as financially inclusive products, services, and innovations that can help channel remittances into the economy. He details examples of these products and innovations in his keynote speech.