LIST: Top paid government officials in 2023

Source: Rappler

MANILA, Philippines - The top brass of the country's central bank once again dominated the list of highest-paid government executives in 2023, based on the latest Report of Salaries and Allowances (ROSA).

The two highest officials in the Bangko Sentral ng Pilipinas (BSP) brought home the biggest earnings in 2023. Current BSP Governor Eli Remolona Jr. topped the list, followed by former BSP governor Felipe Medalla.

Remolona was compensated P22.99 million for his position as BSP governor, and another P12.49 million for serving as a member of the Monetary Board (MB), the powerful seven-member group that decides on the country's monetary policy.

He also served multiple other executive-level posts in government agencies, although these were all without pay.

The top paid government official based on the ROSA is often the central bank governor. Before passing the leadership of the BSP to Remolona, Medalla topped the 2022 list. Before him, former BSP governor and finance secretary Benjamin Diokno was the highest-paid government head from 2020 to 2021.

The ROSA only covers the top officials of government-owned and/or controlled corporations and their subsidiaries, as well as the secretaries, undersecretaries, and assistant secretaries of government departments. These include government corporations, water districts, national government agencies, state universities and colleges, and standalone agencies. It does not report the compensation of the President, Vice President, and members of Congress.

Here is the full list of the top 20 highest-paid officials: