The Department of Budget and Management (DBM) is set to implement Executive Order 73 issued by President Marcos mandating the increase in the allowances of foreign service personnel (FSP).
The updated rates, which followed a review by the DBM and the Department of Foreign Affairs (DFA), are being set for the first time in more than 10 years or since 2013.
The increase covers the following allowances: overseas, living quarters, representation, family and education.
The overall increase in the base rates for the overseas allowance and living quarters allowance ranges from 35 to 40 percent, which will be implemented in four tranches.
This story is from the November 05, 2024 edition of The Philippine Star.
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This story is from the November 05, 2024 edition of The Philippine Star.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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