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Liberian President voluntarily slashes salary by 40%

opera.com 2024/10/6

In a notable display of leadership, Liberian President Joseph Nyuma Boakai has voluntarily reduced his salary by 40%, according to an official statement released on Liberia’s government website.

The decision, announced on Saturday, underscores Boakai’s commitment to promoting fiscal integrity and national financial security.

The president’s move comes amidst a backdrop of financial challenges, including delays in the disbursement of funds for lawmakers’ vehicles, which led some to arrive at parliament using tricycles as a form of protest.

Boakai emphasized that his salary reduction aims to set a precedent for responsible governance and solidarity with the Liberian people.

Boakai further pledged to empower the Civil Service Agency (CSA) to ensure equitable compensation for public servants, aligning their salaries with the nation’s economic realities.

According to Vanguard, his decision is seen as a proactive step towards enhancing government accountability and reinforcing national development efforts.

The president’s initiative has garnered attention both domestically and internationally, positioning Liberia’s leadership as proactive in addressing financial stewardship amidst economic challenges.

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