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Bolivian President does not need the salary

January 8 2006

New Bolivian President Evo Morales announced his intention to double the salary cut himself, members of the Cabinet and - possibly - the parliamentarians.

According to E. Morales, in a poor country like Bolivia, the president and his cabinet "must share the hardships and privations of his people."

The money saved is expected to put the financing of various public programs.

Previously, E. Morales also said that in January 2006. he intends to introduce a new tax for wealthy citizens. They will be subject to owning the property amounting to more than 300 thousand dollars, RBC reports.

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