Lifestyle

These Were the Highest-Paid Gov't Employees in 2017

The most highly paid official received Php14.9 million in 2017.
IMAGE Supreme Court of the Philippines / Twitter - Jose Callangan Calida (@solgencalida) / Bangko Sentral ng Pilipinas
Comments

Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr. received the highest amount of salaries and allowances among more than 8,000 government officials in 2017, according to a report by the Commission on Audit (COA) released on June 26. 


The central bank chief received Php14.9 million for salaries and other emoluments last year, a 21.5-percent increase from what he received in 2016. He replaced former BSP governor Amando Tetangco in this year’s rankings.

Diwa Guinigundo, deputy governor for the BSP’s monetary and economics sector, follows with a total of Php13.5 million. His salaries and allowances also increased by 10.2 percent.

Out of the top 10 highest-earning officials of the Philippine government, seven of them are from the central bank. The remaining three are Development Bank of the Philippines President and CEO Cecilia Borromeo, Solicitor General Jose Calida and Associate Justice Presbitero Velasco Jr. of the Supreme Court.

Solicitor General Calida recorded the highest increase from 2016 to 2017. The salaries, allowances and other emoluments he received increased by almost five-fold from just Php2.4 million to Php10.9 million, pushing him to the fourth spot.

ADVERTISEMENT - CONTINUE READING BELOW

 

This story originally appeared on Entrepreneur.com.ph.

* Minor edits have been made by the Esquiremag.ph editors.

Comments
View More Articles About:
About The Author
Pauline Macaraeg for Entrepreneur.com.ph
View Other Articles From Pauline
Comments
Latest Feed
 
Share
The lineup includes Japanese Breakfast, Last Dinosaurs, Cynthia Alexander, UDD, and 11 other artists
 
Share
JV Tanjuatco shares how he runs Comic Book Lab and where he sees the industry going.
 
Share
The story of how our national hero bungled his first attempt at having a girlfriend, and how he shrewdly managed to be engaged to two women at the same time.
 
Share
Details are scarce, but Vince Gilligan is returning to write and direct.
 
Share
The Pilot Watch Mark XVIII features stripped-down good looks and a case made of an entirely new material.
 
Share
Say goodbye to your 9-5 with advice from someone who's living the dream
 
Share
Captain America and Iron Man look very, very different
 
Share
It aims to be the prime app for first time Internet users.
 
Share
The rising business tycoon from Davao plans to raise P18.5 billion from the offering.
 
Share
It's the first time athletes will receive international sporting medals for competitive video gaming.
Load More Articles
Connect With Us