Liberia's lawmakers cut away 30 per cent of their total earnings to help the economy

 Liberia's lawmakers have agreed to cut away 30 per cent of their total earnings in the country's 2020 budget. The lawmakers sai...

 Liberia's lawmakers have agreed to cut away 30 per cent of their total earnings in the country's 2020 budget.

The lawmakers said the move is to help the West African nation meet the important IMF Standard - The actions of the Liberian lawmakers occurred about one month after Nigerians sued their own senate for proposing to buy N5.5bn worth of cars its principal officers Reports in Monrovia say federal lawmakers of Liberia have passed the country's 2020 budget with massive cuts to their salaries and allowances.

According to FrontPage Africa, a magazine in the West African country, the lawmakers, in a selfless move on Tuesday, October 1, voted unanimously to have their earnings slashed. The lawmakers cut the proposed budget by the executive arm led by President George Weah, a former international football player, by almost $7million. Weah had proposed $532.9m but the lawmakers approved $526 million after cutting their own earnings and those of the officials of the judiciary. The budget committee said it came up with the reductions in order to help the country meet the International Monetary Fund (IMF) Standard. The action of the Liberian lawmakers is reminiscent of that of the Italian parliament which is set to reduce the number of the country's federal lawmakers in the bid to save funds. The Italian lower legislative chamber approved a bill to reduce the number of the members of the parliament from 630 to 400 and senators from 315 to 200 in line with a promise made by the country's main party, the Five Star Movement.

The lawmakers unanimously agreed to have 30 per cent cut off from their earnings in a selfless move. Credit: FrontPage Africa Source: UGC

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