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Primary Text
Fiscal Prudence. To promote the prudent management of government resources, the creation of new positions and the levels of or increase in salaries and all other emoluments and benefits of TRANSCO and PSALM Corp. personnel shall be subject to the approval of the President of the Philippines. The compensation and all other emoluments and benefits of the officials and members of the
Board of the TRANSCO and PSALM Corp. shall be subject to the approval of the President of the Philippines.
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