Liberian President Slashes His Own Salary by 40% Amid Economic Crisis – You Won’t Believe the New Figure!
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Liberian President Joseph Boakai has announced a significant 40% reduction in his salary. This decision aims to set an example of “responsible governance” and show “solidarity” with the people of Liberia.
The issue of government salaries has been a contentious topic, with many Liberians expressing concerns over the rising cost of living. In Liberia, approximately one in five people live on less than $2 a day. President Boakai, whose annual salary was previously $13,400, will see his income reduced to $8,000 following this cut.
This action by President Boakai follows a similar move by his predecessor, George Weah, who had previously taken a 25% salary reduction.