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High-level officials in Mexico to get salary slash
News & Trends •
mexican president-elect andres obrador has announced plans to slash the salaries of high-level officials including himself as part of an austerity push by the government1 obrador told newsmen outside his campaign headquarters that he would raise the national minimum wage in order to make the budget reach everybody1 he met with members of his future cabinet there earlier1 his monthly base salary would be 108000 pesos about 5700 u.s. dollars 40 per cent of what president enriquenieto currently earns said obrador who will take over the mexican presidency on dec. 11 the president-elect recently announced that he was canceling the generous pensions paid to former presidents all of whom are wealthy and a slew of bonuses and fringe benefits provided to lawmakers and other officials.1 the austerity plan aims to redirect some 500 billion pesos about 26.4 billion dollars a year towards welfare and development programmes.1 in addition to public-sector belt tightening lopez obrador seeks to pass laws to combat graft1 mexico ranks 135 out of 180 countries in transparency internationals 2017 corruption perceptions index1 obradors left-of-center national regeneration movement morena won a majority in congress so proposed bills are virtually ensured congressional approval. xinhuanan1