Economic hardship: I’ve reduced my salary by 30% – Akufo Addo
Due to the current economic crisis,
President Nana Addo Dankwa Akufo-Addo claims he has reduced his pay by 30% with immediate effect.
The President made the cut announcement while serving as the
special guest at this year’s Eid Al Adha prayers in Accra in order to convey to the populace the necessity of making
sacrifices as the nation requests
assistance from the International
Monetary Fund.
He also proposed a 50% fuel price
reduction for government equipment.
“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.” Economic hardship: I’ve reduced my salary by 30% – Akufo Addo
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