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Business / Middle East Business

President cuts own salary by 25pc

Published: 29 Mar 2013 - 03:34 am | Last Updated: 03 Feb 2022 - 01:38 pm

 
NICOSIA: Cypriot President Nicos Anastasiades has decided to cut his own salary by 25 percent, while cabinet members will take a 20 percent reduction, a presidential aide said yesterday. The president “has already authorised the accountant general to reduce his own salary by 25 percent,” undersecretary to the president Constantinos Petrides told reporters. Both Anastasiades and the cabinet are also renouncing the 13th month salary to which they are entitled. AFP