GOL could save at least US$5.5 million if VP, 54th Legislature Participate. President George Weah received a thunderous round of applause from the 54th Legislature when he announced yesterday, during his first Annual Address to that august body, that he would reduce his monthly salary and benefits by 25 percent. The 25% reduction, as promised by President Weah, would amount to L$421,125 (US$3,346.78 at CBL rate of L$125.83/US$1) and US$18,000 deducted from his annual salary and allowances, respectively. Following President Weah’s lead, as he suggested to the 54th Legislature, the 25% reduction in combined salaries, based on the total salaries and benefits allotments between the two Houses, would amount to a hefty US$5,463,202.25. So the public is yet to understand how the 25 percent deduction President Weah’s salary will be carried out in the absence of approval from the Legislature.

Source: Daily Observer January 30, 2018 02:26 UTC