In a bold move to promote fiscal integrity and national financial security, Liberia’s President Joseph Nyuma Boakai has voluntarily slashed his salary by 40%.
A statement on the Liberian Government website announced, “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.”
President Boakai stated that this decision reflects his resolve to lead by example in strengthening accountability within the government.
“In addition to his own salary reduction, the President has pledged to empower the Civil Service Agency (CSA) to ensure that public servants’ salaries are in line with the current state of the nation and that workers receive fair compensation for their contributions to the country,” the statement continued.
The President emphasized his commitment to financial responsibility and fair compensation for public servants, viewing it as a positive step towards fostering a culture of accountability and equity within the government.
“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 read.
This move by President Boakai is seen as a significant gesture towards ensuring that the nation’s financial management is conducted with integrity and transparency, setting a precedent for public officials to follow.