INQUIRER.net: Gov’t expenses for personal services up by 10.4%

INQUIRER.net Philippine News for Filipinos

Gov't expenses for personal services up by 10.4% Jan 1st 2013, 21:05 MANILA, Philippines—Government expenses for personal services—including salaries and benefits for those employed by national agencies—increased by 10.4 percent to P496.1 billion in the 11 months to November 2012.   The increase was "largely due to the implementation of the last tranche of the Salary Standardization Law III, the filling up of vacant positions in the Department of Education and the Department of the Interior and Local Government," Budget Secretary Florencio B. Abad said in a statement.   Higher releases for retirement gratuity and terminal leave claims due to the increased number of retirees also contributed to the increase, Abad added. ... Keep on reading: Gov't expenses for personal services up by 10.4% Media files: Florencio-abad.jpg (image/jpeg)

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