Credible News
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
Credible News
No Result
View All Result

Liberian President slashes salary by 40% to boost nation’s economy

Credible News by Credible News
July 9, 2024
in Development, Economy, Foreign, Human Interest, News, Politics
0
Liberian President slashes salary by 40% to boost nation’s economy
0
SHARES
1
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Liberian President Joseph Boakai has announced a 40% reduction in his annual salary, lowering it from $13,400 to $8,000 per year.

This move comes in response to growing public scrutiny of government salaries and widespread discontent over the rising cost of living in Liberia.

President Boakai’s office stated that he hopes this decision will set a precedent for “responsible governance” and show “solidarity” with the people of Liberia.

The action is similar to that of his predecessor, George Weah, who also reduced his salary by 25%.

Reactions to the pay cut have been mixed. Some people praise the move, while others question its significance since the president still receives benefits such as a daily allowance and medical coverage.

Anderson D. Miamen from the Centre of Transparency and Accountability in Liberia called the pay cut “welcoming.” He hopes the public will see where the deductions go and how they will be used to positively impact people’s lives.

READ ALSO: Kenya resort to more borrowing after withdrawal of finance bill

W. Lawrence Yealue II, who also advocates for government transparency, described the decision as “commendable” and emphasized that leadership should start from the top. He also hopes that President Boakai’s benefits will be reviewed in the next budget.

President Boakai has also promised to empower Liberia’s Civil Service Agency to ensure fair compensation for public servants. This pledge follows protests by lawmakers who, having not received their official cars, arrived at parliament in tricycles, known locally as keh-keh, a common mode of transport for many Liberians.

Since taking office in January after defeating Mr. Weah in a run-off election, President Boakai has focused on tackling corruption and financial mismanagement.

He has declared his assets and ordered an audit of the presidential office, with results pending. Additionally, he has strengthened the General Auditing Commission and the Liberia Anti-Corruption Commission.

Credible News.ng

Tags: Credible NewsJoseph BoakaiLiberian PresidentSalary slash
Previous Post

NASU, SSANU protests intensify over non payment of withheld salaries

Next Post

Reps ask FG to suspend implementation of Samoa Agreement

Credible News

Credible News

Next Post
Reps probe Multichoice for N1.8tn, $342m tax fraud

Reps ask FG to suspend implementation of Samoa Agreement

NRS Advertisement

ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Kwara State university campus in Osi ready for first lectures

Kwara State university campus in Osi ready for first lectures

November 18, 2024
Police warn Lagosians against economic disturbance during NLC protest

Police in Kano urges caution as Muslims begin Ramadan

March 11, 2024
In the dark: UCH’s mounting power crisis

Is UCH in darkness: Need for responsible journalism!

February 9, 2025
Bandits kidnap students of Federal University of Gusau

Gunmen kill nine in Plateau State

October 2, 2023
Corper recounts ordeal of Agunechemba attack, seeks prosecution

Corper recounts ordeal of Agunechemba attack, seeks prosecution

2

ADC begins online membership registration

2
Biden arrives Israel

Biden visits Israel amidst killing of more Palestinians

1
handcuffs

Police arrests 34-year-old man for raping 90-year-old woman

1
Adeniyi Adeyemi, the self-proclaimed Director-General of the purported Presidential Foreign Investment Promotion Council, PFIPC.

ICPC exposes Adeyemi’s tricks in probe report

August 6, 2026
Vinicius Junior

Vinicius Jr extends Real Madrid contract to 2032

August 6, 2026
FIFA President, Gianni Infantino

FIFA backs Infantino amid World Cup row

August 6, 2026
Deputy Governor Dennis Idahosa receives health insurance cards during the launch of Edo's health insurance programme in Benin.

Edo State plans health insurance for 4,000 residents

August 6, 2026

Recent News

Adeniyi Adeyemi, the self-proclaimed Director-General of the purported Presidential Foreign Investment Promotion Council, PFIPC.

ICPC exposes Adeyemi’s tricks in probe report

August 6, 2026
Vinicius Junior

Vinicius Jr extends Real Madrid contract to 2032

August 6, 2026
FIFA President, Gianni Infantino

FIFA backs Infantino amid World Cup row

August 6, 2026
Deputy Governor Dennis Idahosa receives health insurance cards during the launch of Edo's health insurance programme in Benin.

Edo State plans health insurance for 4,000 residents

August 6, 2026
Credible News

At Credible News we seek, process and serve news, opinions and analyses that are verifiable and reliable.
We also provide readers with authentic and credible facts and figures, news, opinions and analyses to make informed choices.

Follow Us

Browse by Category

  • Accident
  • Agriculture
  • Banking
  • Conflict
  • Crime
  • Development
  • Economy
  • Education
  • Entertainment
  • Fashion
  • Features
  • Foreign
  • Global Trade
  • Health
  • Human Interest
  • ICT
  • Interviews
  • Legal
  • Life Style
  • News
  • Oil & Gas
  • Opinion
  • Politics
  • Religion
  • Security
  • Sports
  • Travel
  • Trending
  • Women

Recent News

Adeniyi Adeyemi, the self-proclaimed Director-General of the purported Presidential Foreign Investment Promotion Council, PFIPC.

ICPC exposes Adeyemi’s tricks in probe report

August 6, 2026
Vinicius Junior

Vinicius Jr extends Real Madrid contract to 2032

August 6, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.

No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.