LIBERIAN PRESIDENT
President of the Republic of Liberia, His Excellency Joseph Nyuma Boakai
President Joseph Nyuma Boakai, on Saturday, voluntarily slashed his salary by 40 per cent.
Mr Boakai, who was quoted in a statement published on Liberia’s government website on Saturday, said this move was “aimed at setting a precedent for responsible governance and nation-building.”
“In fulfilment of his commitment to fiscal integrity and national financial security, President Joseph Nyuma Boakai, Sr. has announced a voluntary 40 per cent reduction in his salary,” the statement added.
According to Mr Boakai, the announcement reflects his determination to lead by example in strengthening government accountability and demonstrating solidarity with the people of the nation.
In February, Mr Boakai disclosed that his annual salary was $13,400. His opting for a 40 per cent pay cut will see the president’s annual salary reduced to $8,000.
Mr Boakai’s move mirrors that of his predecessor, George Weah, who had previously implemented a 25 per cent salary cut during his tenure.
