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Pakistan’s new President Zardari to not take salary; cites economic hardship of people

Pakistan’s new President Zardari to not take salary; cites economic hardship of people

The Hindu
Wednesday, March 13, 2024 04:18:48 AM UTC

President Zardari and Interior Minister Naqvi forego salaries to help Pakistan's economy; PM Sharif vows to tackle inflation.

Pakistan’s newly-elected President Asif Ali Zardari on March 13 announced that he would not draw any salary during his tenure as part of his bid to help the cash-strapped country face the challenging economic hardship.

Mr. Zardari, 68, who took oath as Pakistan's 14th President on Sunday, decided to encourage prudent financial management and not burden the national exchequer, his Pakistan Peoples Party (PPP) said in a statement on X.

“The President considered it essential not to burden the national exchequer and preferred to forgo his salary,” President Secretariat Press Wing said in a press release on Tuesday.

Also Read | New Pakistan PM Shehbaz Sharif orders ‘immediate’ talks with IMF for extended facility for ailing economy

Former president Arif Alvi was drawing Rs 8,46,550 per month, which was fixed by Parliament in 2018. Mr. Zardari is one of the richest politicians in Pakistan.

Mr. Zardari, co-chairman of the PPP, took oath as President of Pakistan for a second term at a ceremony at Aiwan-i-Sadr in Islamabad on Sunday.

Separately, Interior Minister Mohsin Naqvi, following the steps of Mr. Zardari, also decided to forego his salary while in office citing the economic challenges faced by the country.

Read full story on The Hindu
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