WHEREAS, certain government corporations in previous years have been paying travel allowances to their personnel on the basis of actual grants by the previous administration;

WHEREAS, the employees of these government corporations are expecting the continuation of these allowances and have accordingly made financial commitments on the basis of these expectations;

WHEREAS, it is the policy of the government not to diminish the established compensation levels of its employees in order to maintain as much as possible, their standard of living, pending the completion of a study being conducted by the Department of Budget and Management to standard the compensation of all government personnel;

WHEREAS, in consonance with the government's policy of protecting the welfare of its employees, it is important to authorize the granting of these allowances;

NOW, THEREFORE, I, CORAZON C. AQUINO, President of the Philippines, do hereby order:

SECTION 1. All national government corporations which have, in the past, provided travel allowances to their personnel are hereby authorized to continue the payment of the said benefits on the same basis and amount as in the previous years.

SECTION 2. The payment of the said benefits shall depend on the availability of funds and profitability of the operations of these national government corporations and shall not require additional releases from the National Treasury.

SECTION 3. The Department of Budget and Management shall provide the necessary guidelines for the implementation of this Executive Order.

SECTION 4. This Executive Order shall take effect immediately.

Done in the City of Manila, this 19th day of March in the year of Our Lord, nineteen hundred and eighty-seven.


By the President:

JOKER P. ARROYO
Executive Secretary