By In a commendable move towards fiscal responsibility, President Dr. Mohammed Muizzu has announced that he will forego 50% of his salary as part of a broader economic reform agenda aimed at reducing government expenditure. In a post shared on X, the President outlined his intentions to present the 2025 budget under this agenda, emphasizing a commitment to financial discipline.
According to the President and Vice-President’s Salaries and Allowances Act, the President’s salary stands at MVR 100,000. By opting to take only MVR 50,000, Dr. Muizzu sets an important example of leadership and accountability during challenging economic times. This initiative is part of a two-year plan to implement various cost-cutting measures across the government.
The President’s decision aligns with his ongoing efforts to introduce significant reforms within the financial sector, enhancing the government’s ability to manage public expenditure and fortifying administrative efficiency. His leadership reflects a dedication to not only addressing current economic challenges but also fostering a culture of responsibility at all levels of government.
This bold step demonstrates Dr. Muizzu’s commitment to prioritizing the nation’s fiscal health and reinforces his administration’s focus on creating a more sustainable economic future for the country. As these reforms unfold, citizens can look forward to a more robust and transparent government that is responsive to the needs of the people.