PBBM SRI 2023 P20,000 for Executive Branch Employees [Read Here!]

Latest Update as of December 12, 2023!

SRI Confirmed!

In this post, we are delighted to share with the latest update on SRI 2023!

GOOD NEWS!

The SRI 2023: President Marcos Jr. Contemplates P20,000 Incentive for Executive Branch Employees Amid Economic Challenges

In a bid to assist government employees during economic hardships, President Ferdinand “Bongbong” Marcos Jr. is considering a plan to provide a substantial incentive to eligible workers within the executive branch. This proposal is part of the government's ongoing initiatives to offer financial relief to its workforce.

In an impromptu interview in Taguig City, President Marcos Jr. expressed concern for the Filipino people, recognizing widespread economic difficulties.

 "All Filipinos are suffering right now. So, in whatever way we can help, we will do it," he emphasized. The proposed P20,000 incentive aims to offer additional support to eligible government employees, acknowledging their service during challenging times.

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This announcement follows the precedent set in December 2022 when the government awarded a service recognition incentive to qualified employees, highlighting the administration’s commitment to its workforce.

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However, the President stressed the importance of assessing the financial feasibility of this new incentive. The decision depends on the government’s fiscal position at the year-end, determining the viability of distributing these funds. The Department of Budget and Management has recently allocated P69.4 billion for year-end bonuses and cash gifts for government workers, reflecting ongoing efforts to support employees financially.

As the nation faces economic challenges, the potential incentive for executive branch employees reflects the government’s dedication to supporting its workforce. The final decision, expected post fiscal year-end review, is eagerly awaited by government employees and the public alike.

Key agencies and departments within the executive branch in the Philippines include:

the Office of the President, Vice President’s Office, Department of Education (DepEd), Department of Health (DOH), Department of Finance (DOF), Department of Interior and Local Government (DILG), Department of Social Welfare and Development (DSWD), Department of Science and Technology (DOST), and Depart inment of Public Works and Highways (DPWH).