Saturday, April 19, 2014

!! Tunisian leader takes massive paycut

President Marzouki: a great example to follow
President Marzouki: a great example to follow

Tunisia’s President Moncef Marzouki announced on Friday his decision to voluntarily take a two-thirds pay cut as the government grapples with a financial situation it has described as “critical.”
“We are facing a financial and economic crisis. The state must be a model… That is why I have decided to lower the legal salary of the president of the republic to a third” of its current level, Marzouki said in a statement.
The Tunisian economy has suffered from the....
instability that followed the 2011 revolution, which toppled long-time autocrat Zine El Abidine Ben Ali and ignited the Arab Spring.
Presidential spokesman Adnane Mansar had said that Marzouki earned a gross monthly wage of 30,000 Tunisian dinars (around 13,600 euros), and a net income of 20,000 dinars (9,100 euros). Marzouki, who has been head of state since late 2011, also said he had ordered further reductions in the expenses of the presidency.

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