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President Muizzu Announces Salary Cuts for Political Appointees and SOE Staff

President Dr Mohamed Muizzu announced via a post on X plans to cut salaries for political appointees and state-owned enterprise staff as part of fiscal reforms tied to the 2025 budget, with measures to be implemented over two years. The proposals include a 10% pay cut, a MVR 90,000 monthly cap on SOE CEO salaries, an exemption for those earning under MVR 12,000 per month, and a 50% cut to the President's own salary.

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What are the key figures?

Sources 1carried it 1 of 19 news outlets we monitor
Figures7as written, with their sentences

One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.

What happened

in order; days are read from the reports' words and dates
  1. Sun 7 Jan
    President Mohamed Muizzu meets his cabinet at the President's Office. 7 January 2024 only Maldives Republic President Mohamed Muizzu meets his cabinet at the President's Office on 7 January 2024.

    Word for word from the report in Maldives Republic. Open the report

  2. Wed 23 Oct
    President Muizzu announced the salary reduction plans via a post on X, formerly known as Twitter. on Wednesday only Maldives Republic newest The announcement was made via a post on X, formerly known as Twitter, on Wednesday.

    Word for word from the report in Maldives Republic. Open the report

How the reporting differs

one source so far
Maldives RepublicNews outlet

President Muizzu Announces Salary Cuts for Political Appointees and SOE Staff

10% Salary reduction for political appointees and government-owned company employees

Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.

Figures in these reports

as written, with the sentence they come from
  • 10% Salary reduction for political appointees and government-owned company employees Maldives Republic Under the proposed measures, which will be implemented over two years, a 10% reduction will be applied to the salaries of those in political positions, as well as employees of government-owned companies.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 90,000 Cap on CEOs' salaries at state-owned enterprises Maldives Republic Additionally, the salary of CEOs at state-owned enterprises (SOEs) will be capped at MVR 90,000 per month.

    Word for word from the report in Maldives Republic. Open the report

  • more than MVR 100,000 Current earnings of some SOE executives Maldives Republic Currently, some SOE executives earn more than MVR 100,000.

    Word for word from the report in Maldives Republic. Open the report

  • 10% Salary reduction for heads of independent institutions Maldives Republic A 10% salary cut will also affect the heads of independent institutions.

    Word for word from the report in Maldives Republic. Open the report

  • 10% Salary reduction requested for members of Parliament and judicial officials Maldives Republic the government will request a similar 10% salary reduction for members of Parliament and judicial officials, though this would require parliamentary approval.

    Word for word from the report in Maldives Republic. Open the report

  • less than MVR 12,000 Monthly salary below which employees are exempt from cuts Maldives Republic However, employees earning less than MVR 12,000 per month will be exempt from these cuts.

    Word for word from the report in Maldives Republic. Open the report

  • 50% Share of his own salary the President will forego Maldives Republic President Muizzu further announced he will forego 50% of his own salary during this period.

    Word for word from the report in Maldives Republic. Open the report

Subjects

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Named in these reports

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