LIST: Here are the highest paid government officials in 2024
Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. was the highest paid government official in 2024, a Commission on Audit report showed.
According to COA's Report on Salaries and Allowances published on its website on May 26, Remolona earned P47.97 million in 2024, the second year that he's the country's top-earning official. He earned P35.47 million in 2023.
COA also gave a breakdown of his pay this year: basic salary of P12 million; personnel economic relief allowance and additional compensation of P24,000; allowances of P14.9 million; bonus, incentives, and benefits of P18.7 million; discretionary and extraordinary and miscellaneous Expenses of P2.2 million; and indirect benefits of P7 million.
Remolona's BSP colleagues rounded out the Top 10 list of top paid government officials. Check out the full list below:
- BSP Governor Eli Remolona Jr. – P47.97 million
- BSP Deputy Governor Chuchi Fonacier – P30.39 million
- BSP Deputy Governor Francisco Dakila Jr. – P28.82 million
- BSP Deputy Governor Elmore Capule – P26.53 million
- Monetary Board Member Romeo Bernardo – P26.03 million
- BSP Senior Assistant Governor Edna Villa – P25.82 million
- BSP Senior Assistant Governor Johnny Noe Ravalo – P25.36 million
- Monetary Board Member Rosalia de Leon – P25.28 million
- BSP Deputy Governor Deputy Eduardo Bobier – P23.75 million
- Monetary Board Member Benjamin Diokno – P23.52 million
The rest of the Top 20 include the following:
- Solicitor General Menardo Guevarra – P23.01 million
- Supreme Court Justice Ramon Paul Hernando – P22.32 million
- Philippine Amusement and Gaming Corporation Chairman Alejandro Tengco – P21.04 million
- BSP Deputy Governor Mamerto Tangonan – P20.9 million
- Supreme Court Justice Mario Lopez – P19.55 million
- BSP Deputy Governor Bernadette Romulo-Puyat – P19.52 million
- BSP Senior Assistant Governor Iluminada Sicat – P19.43 million
- Chief Justice Alexander Gesmundo – P19.13 million
- Development Bank of the Philippines President Michael de Jesus – P18.45 million
- Pagcor General Manager Redentor Rivera – P17.89 million
The COA report, which has over 1,400 pages, covered 1,009 government agencies.
In a disclaimer, the COA said it "expressly does not render an audit opinion on the ROSA either partly or as a whole."
"The items of expenditures reported in the ROSA are subject to a separate detailed audit and examination by the auditors concerned, and the results of such examination may form part of the Annual Audit Report on the respective government agency," it said. "The data herein presented are only a compilation of the unaudited ROSA reports submitted by the Agencies which were verified by the COA Audit Teams as to whether appearing or not in the books of [government-owned or -controlled corporations, national government agencies, water districts, stand-alone agencies, and state universities and colleges.]"
COA sent hard copies of the report to President Ferdinand "Bongbong" Marcos Jr., House Speaker Martin Romualdez, and Senate President Chiz Escudero last April 25.
