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Manuel Obrador slashes own salary, will take home 108,000 pesos a month

He reiterated campaign promises to cut back on other taxpayer-funded perks for high-level government officials, such as chauffeurs, bodyguards and private medical insurance.


PTI Mexico
Updated: 16-07-2018 06:57 IST

Mexican President-elect Andres Manuel Lopez Obrador says he plans to earn 40 percent of what his predecessor makes when he takes office in December as part of an austerity push in government.

Lopez Obrador told reporters yesterday he will take home 108,000 pesos a month, which is USD 5,707 at current exchange rates, and that no public official will be able to earn more than the president during his six-year term.

He reiterated campaign promises to cut back on other taxpayer-funded perks for high-level government officials, such as chauffeurs, bodyguards, and private medical insurance.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

COUNTRY : Mexico

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