MANILA, Philippines — Offering early retirement to qualified government employees could save the country’s coffers at least P1 trillion and right-size the bureaucracy, whose maintenance and other operating expenses amount to 65 percent of the annual national budget. “I want the Senate to prioritize right-sizing in the government sector because the bureaucracy is bloated. “I have pushed for right-sizing measures. The government should aim for the early retirement program where those who would retire can get lump sums, which they can use for their own business,” he said. President Duterte mentioned in his State of the Nation Address last year that right-sizing measures would eliminate redundant, duplicate and overlapping functions in offices and improve public service delivery.

Source: Philippine Star July 21, 2019 16:00 UTC