I’ve cut my salary by 30% with immediate effect- Prez
President Nana Addo Dankwa Akufo-Addo has disclosed that he has slashed his salary by 30%.
The President said he has taken the decision with immediate effect due to current economic difficulties.
Speaking as the guest of honour at this year’s Eid Al Adha prayers in Accra, admonished Ghanaians to sacrifice as the country goes to the International Monetary Fund for support.
He further announced that there is a 50% cut on fuel for government machinery.
He stated that all ministers are not exempted from the 30% percent salary reduction.
“We are all going to have to make some sacrifices to afford us the space to navigate the troubled waters of the current economic difficulties. The expenditure of ministries, departments, and agencies has been cut by 30 percent. The salaries of all appointees including myself have been reduced by 30 percent. Fuel coupon allocations have been slashed by 50 percent and other expenditures suspended.”