More than 250,000 Filipinos working in Dubai might lose their job stuck with debts to repay because of the Emirate’s economic collapse, said Susan Ople, from the Blas F. Ople Policy Center, an Ngo that helps Filipino working overseas.
With companies laying off workers and cutting salaries, many Filipinos are forced to rely on bank credit. However, “Falling heavily into debt is a crime in Dubai and, unfortunately, a good number of Filipinos are ensnared in their personal debt traps because of the high cost of living in the emirates,” Ople said. For others, leaving the Emirate is impossible.
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