Arroyo net worth up by P79 M since becoming president

Arroyo net worth up by P79 M since becoming president
By Edson C. Tandoc Jr.
Philippine Daily Inquirer

MANILA, Philippines – Gloria Macapagal-Arroyo grew richer by more than P79 million since becoming President in 2001, her 2009 statement of assets, liabilities and net worth showed.

Her 2009 SALN filed on Thursday with the Office of the Ombudsman showed that Arroyo’s net worth was P145.791 million, up by only P1.251 million from 2008 but higher by more than P79 million compared to the net worth of P66.784 million that she declared in her first SALN as President which was filed in April 2002.

Net worth consists of total assets minus liabilities.

Arroyo gets an annual salary of P693,000 – or about P57,000 a month.

Karen Ang

A plebeian who is trying to make small changes in this world.