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*nu*Econom Iihr.

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4/S$ IUESDAY, SEPIE BER 1Z 2019

Gov't salary hikes to cost P1108 over 3 years


THE government will allocate Pllo He noted that "these has been pro- willproceed immediately with the fifth po'a/er 0f civil servants considering the
billion overthree years for the sal- grammed within the organic capacity of round of adjustments to publicservants' consumer price inflation of 3,4% over
ary inclease of government uiorkers, the government and need n0 new taxes salaries under the Salary Standardi2a- the past three years (2016 - 1.8%,3.2Yo:
including nurses and teachert a key to underwrite it." tion Lal,!," - 2017 and 2018 - 5.2%) and forward

legislator said. "lt willfavor SG (Salary Grades) l-u He said that the Finance depart- estimates for 3-year inflation of 2-4%
House Ways and Means commit- with higher increases while those in SG ment and the Depadment of Budget per year," f4r Salceda said.

tee chairperson and Albay 2'd dlstrict 18-33 including the President and con- and Management (DBM) have come up DBt'1has all0cated P31l billion in
Rep. Jose Ma. s. salceda said the 2020 gressmen will receive lower increases," with initial estimatesfor"affordable" miscellaneous personalfundstofinance
budget providesfor P32 billion forwage l'1r. salceda said. salary adjustments, the first tranche ofthe sSL. Currently,
increde and P4 billionfor miscella- ln July, Finance secretary carlos "The adjustments willpreserve and the Philippines has 1.4 million clvilser
neoqs b€nefits. G. Dominguez lllsaid the government somewhat improve the purchasiirg vants. - VinceAngeloC. Felleras

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