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Details Lacking in Boakai’s 40% Salary Cut Promise

Similarly done during the Weah era where he pronounced cut in salary by a quarter with no specific details, his successor President Joseph Boakai has followed suit by pronouncing 40% salary cut.

Even though it is believed that this in a move reminiscent of his predecessor, which if actualized , will be a substantial salary reduction making President Boakai a people-centered leader.

This announcement, made through presidential press secretary Kula  Fofana during a regular Friday press briefing in Monrovia, aims to alleviate economic burdens faced by Liberian citizens amidst increasing hardship.

The decision, though greeted with initial optimism akin to Weah’s 25% salary reduction pledge in 2018, has already sparked skepticism among the populace.

Critics point to the lack of concrete evidence and outcomes from Weah’s salary cut, questioning its actual impact on the country’s economic landscape.

Similarly, concerns linger regarding President Boakai’s pledge, with doubts lingering over how effectively such savings will be redirected to benefit the Liberian people.

“President Boakai has announced to us that he’s going to cut forty percent of his salary. The cut will go to the Liberian people,” stated Fofana, emphasizing the President’s commitment to address the nation’s economic challenges.

Boakai’s current annual salary is rumored to hover around $100,000, making the 40% reduction amount to approximately $40,000 relinquished annually.

 This move, while symbolic, is intended to signal Boakai’s solidarity with the citizens and contribute directly to government resources aimed at economic recovery.

However, similar promises made by Weah during his tenure have left many disillusioned.

Despite initial praise for his people-centric approach, tangible benefits from the salary reduction remain elusive, fueling public skepticism towards such declarations.

Madam Fofana reiterated that the funds saved from Boakai’s salary cut would be redirected to benefit the people, although specific allocations were not disclosed during the briefing.

This lack of transparency has further contributed to the uncertainty surrounding the initiative’s effectiveness.

The announcement comes at a critical juncture for Liberia, grappling with profound economic challenges that continue to impact livelihoods across the country.

President Boakai’s gesture, albeit symbolic, underscores his administration’s acknowledgment of these hardships and attempts to restore public confidence in governmental efforts.

As Liberians goes through economic hardships, the effectiveness of such symbolic measures remains to be seen.

With ongoing public discourse and scrutiny, the success of President Joseph Boakai’s salary cut will depend heavily on transparency in implementation and tangible improvements in the lives of the Liberian people.

While Boakai’s 40% salary reduction signifies a notable effort towards economic recovery, it remains a small step in addressing Liberia’s broader financial challenges, leaving many to ponder its long-term impact on the nation’s economic trajectory.

Zac T. Sherman
Zac T. Shermanhttps://verityonlinenews.com/
Zac Tortiamah Sherman has over a decade of media experience with several certificates in journalism and leadership. He has served as a broadcaster, reporter, and news editor. Zac is a graduating senior for a BBA degree in Management and Entrepreneurship at the University of Liberia.

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