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Net average monthly salary. The countries and territories have a net average monthly salary of: Green. above $2,000. Blue. $1,000 to $1,999. Orange. $500 to $999. Red.
180,000 USD ( President) [ 162] 121,500 USD ( Premier) [ 162] The following state/government controls its territory, but is not recognized by any UN member states. State/Government. Also claimed by. Head of state (USD) Head of government (USD) Transnistria.
The national debt of the Philippines is the total debt, or unpaid borrowed funds, carried by the national government of the Philippines. As of end-June 2023, the total national debt of the Philippines amounts to ₱14.62 trillion ($264.49 billion). [1] Total outstanding debt: ₱14.62 trillion ($264.49 billion) (58.3% of GDP) (December 2023) [2]
The policy of taxation in the Philippines is governed chiefly by the Constitution of the Philippines and three Republic Acts . Constitution: Article VI, Section 28 of the Constitution states that "the rule of taxation shall be uniform and equitable" and that " Congress shall evolve a progressive system of taxation ". [ 1]
Through this program, the richer tax payers of the Philippines will pay a greater contribution to enable the government to execute its programs and services targeted to the general improvement of the country, especially the less fortunate. [24] [25] There are six main key provisions, three additional excise taxes, and four financial taxes. [26]
The Labor policy in the Philippines is specified mainly by the country's Labor Code of the Philippines and through other labor laws. They cover 38 million Filipinos who belong to the labor force and to some extent, as well as overseas workers. They aim to address Filipino workers’ legal rights and their limitations with regard to the hiring ...
Rep. Mikee Romero ( 1-Pacman Party-list ), with a net worth of ₱ 6.5 billion, is the wealthiest member of Congress and of the House of Representatives as of September 18, 2020. Sen. Cynthia Villar ( Nacionalista ), with a net worth of ₱ 3.8 billion, is the wealthiest member of the Senate as of December 31, 2019. [ 1]
t. e. The president of the Philippines ( Filipino: pangulo ng Pilipinas, sometimes referred to as presidente ng Pilipinas) is the head of state, head of government and chief executive of the Philippines. The president leads the executive branch of the Philippine government and is the commander-in-chief of the Armed Forces of the Philippines .