Liberian president cuts his salary by 40%

Interesting 14:32 10.07.2024

Liberia's President Joseph Boakai has announced that he will slash his salary by 40%, Ednews reports.

His office said he hoped to set a precedent for "responsible governance" and demonstrate "solidarity" with Liberians.

Government salaries have been under intense scrutiny recently as Liberians complain about the rising cost of living. Around one in five people live on less than $2 (£1.70) a day in the West African state.

Mr Boakai revealed in February that his annual salary was $13,400. The cut will bring it down to $8,000.

Mr Boakai's move echoes that of his predecessor, George Weah, who took a 25% cut in his salary.

Some in the West African nation have hailed Mr Boakai's decision, but others wonder whether it is truly a sacrifice given that he also receives benefits like a daily allowance and medical cover.

The presidential office's budget is almost $3m this year.

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