Philippine DBM approves 4-tranche salary increase for public sector workers under EO 64, starting Jan 1, 2024.

The Philippine DBM has approved guidelines for a 4-tranche salary increase for public sector workers under President Marcos Jr.'s EO 64, starting with a retroactive raise from Jan 1, 2024. The first tranche will cost P36B, with P70B allocated for the second tranche in 2025. The increases aim to make government service more attractive and address inflation. A P7,000 medical allowance will begin in 2025.

August 12, 2024
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