President George Weah of Liberia pledged to cut his salary by 25 per cent in a nationwide address in which he warned of tough times ahead for a “broke” country.
“The state of the economy that my administration inherited leaves a lot to do and to be decided,” the former international soccer star said in an address apparently aimed at lowering high expectations following his election victory at the end of last year to replace Ellen Johnson Sirleaf.
The President of Liberia earns about $100,000 yearly, meaning that Weah will relinquish about $25,000.
“Our economy is broken; our government is broke. Our currency is in free fall; inflation is rising,” Mr. Weah said.
“Unemployment is at an unprecedented high and our foreign reserves are at an all-time low.”
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