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Pay rationalized plan for all senior officer positions of GOCCs and GFIs and the subsisidiaries

DIRECTING HEADS OF GOVERNMENT-OWNED-AND-CONTROLLED CORPORATIONS (GOCCs), GOVERNMENT FINANCIAL INSTITUTIONS (GFIs) AND SUBSIDIARIES EXEMPTED FROM OR NOT FOLLOWING THE SALARY STANDARDIZATION LAW (SSL) TO IMPLEMENT PAY RATIONALIZATION IN ALL SENIOR OFFICER POSITIONS

Memorandum Order No. 20, s. 2001 | 2001-06-25

MALACAÑANG
MANILA
BY THE PRESIDENT OF THE PHILIPPINES
 
MEMORANDUM ORDER NO. 20
 
DIRECTING HEADS OF GOVERNMENT-OWNED-AND-CONTROLLED CORPORATIONS (GOCCs), GOVERNMENT FINANCIAL INSTITUTIONS (GFIs) AND SUBSIDIARIES EXEMPTED FROM OR NOT FOLLOWING THE SALARY STANDARDIZATION LAW (SSL) TO IMPLEMENT PAY RATIONALIZATION IN ALL SENIOR OFFICER POSITIONS
 
WHEREAS, Administrative Order No. 5 directs the adoption of fiscal discipline measures in the public sector to sustain economic recovery and address the fiscal deficit problem;
 
WHEREAS, there is a need to channel scarce resources of the Government into more...