BSP governor, execs top list of highest paid gov’t officials in 2024 | ABS-CBN

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BSP governor, execs top list of highest paid gov’t officials in 2024

Job Manahan,

ABS-CBN News

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MANILA – Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona was the highest-paid government official in 2024, a document from the Commission on Audit (COA) showed.

The commission’s 2024 Report on Salaries and Allowances (ROSA), released on May 26, included principal officers and members of government corporations, secretaries, undersecretaries, assistant secretaries and other officials of national government agencies.

Based on the report, BSP Governor Eli Remolona had a salary – gross of tax – amounting to P47,968,744.27 in 2024.

The report also provided the following breakdown of his salary. 

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  • - Basic salary - P12 million
  • - Personnel Economic Relief Allowance (PERA) and Additional Compensation (AdCom)/Honorarium - P24,000
  • - Allowances  - P14,942,923.02
  • - Bonus, incentives, benefits - P18,761,805.71
  • - Discretionary and Extraordinary and Miscellaneous Expenses - P2,240,015.54
  • - Indirect benefits - P7,080,000.00


Remolona was followed by BSP Deputy Governor Chuchi Fonacier (P30,392,497), former BSP Deputy Governor Francisco G. Dakila, Jr. (P28,823,948), BSP Deputy Governor Elmore Capule (P26,536,981), and BSP Monetary Board Member Romeo Bernardo (P26,034,456).

Others in the list included the following. 

  • 6. BSP Senior Assistant Governor Edna Villa - P25,820,446
  • 7. BSP Senior Assistant Governor Johnny Noe Ravalo - P25,368,507
  • 8. BSP Monetary Board Member Rosalia de Leon - P25,282,758.41
  • 9. BSP Deputy Governor Eduardo Bobier - P23,753,195
  • 10. Former finance secretary/BSP governor and now BSP Monetary Board Member Benjamin Diokno - P23,520,261


Meanwhile, Solicitor General Menardo Guevarra was the 11th highest paid official with P23,011,603.

On the 12th spot was Supreme Court Associate Justice Ramon Paul Hernando with P22,321,791.70, followed by PAGCOR chairman Alejandro Tengco with P21,046,379.50.

Copies of the report were sent by COA Chairperson Gamaliel Cordoba to the offices of President Ferdinand Marcos, Jr. House Speaker Ferdinand Martin Romuladez, and Senate President Francis Escudero on April 25, 2025.

The report can be downloaded from the COA website

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