Liberian President Slashes His Salary by 40% Amidst Economic Hardship

Liberian President Joseph Boakai has announced a 40% reduction in his salary, setting a precedent for responsible governance, according to the BBC. Since taking office, President Boakai’s salary has been $13,000, but the proposed cut will reduce it to $8,000.

This decision follows a similar move by former President George Weah, who cut his salary by 25% while in office. The current announcement comes amidst widespread public outcry over economic hardships.

Many in the West African nation have applauded President Boakai’s decision, viewing it as a step toward addressing the economic crisis. However, some skeptics question whether it is a genuine sacrifice, given that the president also receives benefits such as a daily allowance and medical coverage. This year, the budget for the presidential office is nearly $3 million.

In addition to reducing his salary, President Boakai has pledged to empower Liberia’s Civil Service Agency to ensure that public servants receive fair compensation for their contributions to the country.

Last week, a group of lawmakers protested by arriving at parliament in tuk-tuks, locally known as keh keh, a common mode of transport for ordinary Liberians. They were protesting the delay in receiving their official cars, which they need to perform their duties.

President Boakai, who took office in January after defeating Mr. Weah in a run-off election, has vowed to tackle corruption and financial mismanagement. He has strengthened the General Auditing Commission and the Liberia Anti-Corruption Commission.

Upon taking office, Liberian President Boakai declared his assets and ordered an audit of the presidential office, with results still awaited.

During Mr. Weah’s administration, allegations of corruption and lavish spending were rampant, leading to mass protests as the cost of living soared for ordinary people.

Mimi Mefo Info