Trouble with India… the condition of this country is bad, the President’s salary was cut by 50 percent, the employees are also in trouble.

New Delhi: Messing with India is now costing dearly to Mohammed Muizzu of Maldives. The condition of Maldives, which had shown eye to India, has now become dire. The situation of poverty is such that Mohammad Muizzu does not even have money to pay his salary. This is the reason why he had to reduce his salary also. Yes. Maldives is currently facing cash crisis. Meanwhile, the President of Maldives has announced a 50% cut in his salary.

In fact, ever since Maldives has messed with India by sitting in the lap of China, its condition has become weak. The dispute with India has affected its tourism. Tourism is the biggest source of money for Maldives. The government has decided to tighten its belt to stop the debt crisis in Maldives, famous for tourism. Under this, there will be a salary cut in government jobs. Mohammad Muizzu’s office said that President Muizzu himself will cut the salary the most. There is a mandatory 10% salary cut in most government jobs.

How much was Muizzu’s salary cut?
According to the news of Times of India, the annual salary of President Mohammad Muizzu will be reduced to 600,000 Rufiyaa ($39,087 i.e. Rs 32,86,176) from next year. Currently Mohammad Muizzu’s salary is 1.2 million Rufiyaa i.e. Rs 65,68,233. However, this amount is still almost double the average household income of Maldives of 316,740 Rufiyaa (Rs 17,33,685). This figure was revealed according to the 2016 census.

Now it’s the judge-MP’s turn
According to the report, the Muizzu government has so far exempted judges and MPs from salary cuts. But Muizzu’s office says that he can voluntarily take a salary cut. The President of Maldives hopes that the judges and parliamentarians of Maldives will willingly agree to the 10% cut and will contribute in dealing with the burden imposed on the country. The President of Maldives is continuously taking steps towards reducing the economic burden.

Ministers also have to be dismissed
A few days before this, President Muizzu had canceled more than 225 political appointments, including ministers, to reduce expenses. Those dismissed included seven ministers of state, 43 deputy ministers and 178 political directors. According to Muizzu, this step is expected to save the country about $370,000 every month. Maldives had said in September that its financial problems were temporary and it did not want to take any help from the IMF.

Tag: Maldives, world News