The Speaker of the Maldives Parliament, Abdul Raheem Abdulla, has joined President Dr. Mohamed Muizzu in taking a pay cut as part of the government’s broader economic reform plan. In a move that echoes the President’s recent decision to halve his salary, Speaker Abdul Raheem announced that he would also voluntarily reduce his salary by 50%.
This announcement comes after President Muizzu revealed his intention to reduce his own salary from MVR 100,000 to MVR 50,000 per month as a measure to reduce public expenditure. The President’s salary cut is part of a wider effort to reform the economy and bring down government spending, especially as the country prepares to present its 2025 budget.
In addition to halving his salary, President Muizzu has also proposed a 10% reduction in salaries for political appointees and other state sectors, except for the civil service. The reforms are expected to be part of the administration’s broader economic reform agenda aimed at addressing fiscal challenges.
The upcoming state budget will reportedly include further cost-cutting measures as the government seeks to ensure sustainability and reduce public expenditure across multiple sectors.
With both the President and the Speaker taking significant salary cuts, the move is expected to inspire other government officials and political figures to consider similar reductions in the effort to stabilize the national economy.
