Liberian President Boakai cuts down his own wages by 40%

President Joseph Nyuma Boakai voluntarily cuts down his salary by 40% on Saturday.

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.

This followed Mr Boakai’s public declaration of assets last month.

The Liberian leader said his action is in fulfilment of his commitment to upholding the constitution and laws of Liberia, in addition to his dedication to fostering a culture of accountability, integrity, and good governance.