WHEREAS, pursuant to Section 8(1), Art. VIII of the Constitution of 1973, the salary of the Speaker of the National Assembly is P75,000 per annum unless otherwise provided by law; WHEREAS, the existing salary rate is not realistic in view of the complexity of the responsibilities and activities of the Legislative Branch of the Government and in view of the approved salary scale of Cabinet Ministers;
WHEREAS, the Deputy Prime Minister has duties and functions that are more complex and responsible than those of an ordinary Member of the Cabinet;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby decree and order: