Bolivian leader to slash own salary by 50% in gesture to protesters

Bolivian President Rodrigo Paz announced on Monday that he will reduce his salary by 50% in an effort to quell ongoing anti-government protests. The protests, which began in early May with trade unions demanding salary increases, stable fuel supplies, and better economic management, have radicalized and are now calling for Paz's resignation. Despite the president's gesture, protesters in La Paz clashed with police, indicating the announcement had little impact. Paz, a US-backed center-right leader, has made several attempts to end the popular revolt that emerged six months into his presidency. His monthly salary is approximately 24,000 bolivianos (US$3,500), which is significantly higher than the average Bolivian's earnings.

Bolivian President Rodrigo Paz has announced a 50 percent salary reduction for himself and his cabinet ministers. This decision comes amidst ongoing protests in Bolivia. The measure aims to address the concerns raised by the public during these demonstrations. The president and his ministers will each see their salaries halved as a result of this announcement.

Bolivian President Rodrigo Paz announced he will implement a 50% salary cut for himself and his cabinet ministers. This decision, made on Monday in Sucre, is intended to demonstrate the government's "commitment to the country" amidst ongoing political and social unrest. Bolivia is currently in its fourth week of protests and roadblocks, with demonstrators demanding the president's resignation. Protesters are calling for a rollback of austerity measures and a response to rising living costs, including increased wages and the restoration of a fuel subsidy. President Paz, who took office in November, has defended his spending cuts and subsidy reductions as necessary for economic stabilization, inheriting an economy already in turmoil.