With the conflict in several Middle Eastern countries driving up transportation and accommodation costs, Caunan said OWWA would need additional funds to cover repatriation-related expenses.
She said the estimated repatriation cost per OFW was initially pegged at around P135,000 to P140,000 during the early days of the conflict last week. However, the figure is expected to increase by about P10,000 per person in the coming days due to rising service costs, bringing the estimated cost to around P150,000 per head.
At that rate, the current ERF allocation could only cover the repatriation of around 10,000 OFWs.
Caunan said OWWA could face a funding gap of about P338 million if only 0.5 percent — or roughly 12,000 — of the estimated 2.4 million OFWs in the Middle East request repatriation.
“So let’s say 1 percent requests repatriation, that would be around 24,000, Mr. Chair. Our funding gap will stand at P2.2 billion. So the total estimated cost will be around P3.67 billion at P150,000,” she added.
Department of Finance Undersecretary Maria Edita Tan told senators that the government is considering tapping the contingency fund, subject to the President’s approval, aside from using available government savings.
The contingency fund may be used exclusively for urgent projects and activities that need to be implemented within the year.
“So what happens is that DBM would tell us whether there is sufficient funds, or we could tap the contingency fund. Otherwise, we could look into the possibility of providing a supplemental budget for them,” Tan said.
Some senators have also proposed using the President’s contingency fund to provide immediate fuel subsidies to public utility vehicle drivers without waiting for Dubai crude oil prices to exceed $80 per barrel.