President Benigno "Noynoy" Aquino recieved first paycheck P63,002.17

Benigno "Noynoy" S. Aquino III showed his first paycheck as the President of the Republic of the Philippines.

The President now has a basic salary of P90,000+ a month but due to mandatory tax and contribution deductions like GSIS and Pag-IBIG Fund (35% pay cut),  he received paycheck amounting to P63,002.17

President Noynoy is still a bachelor and many wants to know how he plans to spend his money.

[Video courtesy b ABS-CBN - PINASWATCHER3]