Liberian President Joseph Nyuma Boakai has voluntarily reduced his salary by 40% as part of his commitment to fiscal integrity and national financial security.
This decision, announced via a statement on the Liberian Government’s website, underscores his dedication to leading by example in promoting accountability.
“In fulfillment of his commitment to fiscal integrity and national financial security, President Joseph Nyuma Boakai, Sr. has announced a voluntary 40% reduction in his salary,” the statement read.
President Boakai emphasized that this salary cut reflects his determination to set a precedent for accountability within the government.
Additionally, he has pledged to empower the Civil Service Agency (CSA) to ensure that public servants’ salaries align with the nation’s current economic conditions and that workers receive fair compensation for their contributions.
“The Liberian Chief Executive pledged his commitment to financial responsibility and fair compensation for public servants from various sectors of society as a positive step towards fostering a culture of accountability and equity within the government,” the statement continued.
This move by President Boakai is seen as a significant step towards addressing fiscal challenges in Liberia.
By reducing his salary and focusing on fair compensation for public servants, he aims to set a standard for financial discipline and integrity in the government.
This decision also aligns with broader efforts to improve the efficiency and effectiveness of public service delivery in Liberia.
In the context of Liberia’s economic challenges, this gesture from the President is likely to resonate with the public and civil servants, highlighting the importance of shared sacrifice and responsibility in overcoming fiscal difficulties.