President Bernardo Arévalo and Vice President Karin Herrera Reduce Their Salary by 25%
| Política | Economía | Gobierno |
Updated By: History Editorial Network (HEN)
Published: | Updated:
3 min read
On April 23, 2024, President Bernardo Arévalo and Vice President Karin Herrera made a significant announcement during a public event celebrating the first 100 days of their administration. They revealed a 25% reduction in their salaries, a move aimed at demonstrating fiscal responsibility and aligning with the government's commitment to manage public funds more effectively. This decision marks a historic fulfillment of one of Arévalo's campaign promises and positions Guatemala's leadership as a model of austerity in the region.
With this reduction, the Guatemalan president is no longer the highest-paid leader in Latin America, reflecting a shift towards greater transparency and accountability in governance. The public response has been overwhelmingly positive, as citizens appreciate the leaders' willingness to share in the sacrifices necessary for the country's economic stability. This initiative not only sets a precedent for future administrations but also reinforces the administration's dedication to responsible governance and public service.
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