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Mexican president-elect slashes his own salary

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Mexican president-elect slashes his own salary
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News

Mexican president-elect slashes his own salary

2018-07-16 15:34 Last Updated At:15:34

Mexican President-elect Andres Manuel Lopez Obrador said Sunday he plans to earn less than half of what his predecessor makes when he takes office in December as part of an austerity push in government.

Mexico's President-elect Andres Manuel Lopez Obrador holds a document comparing his upcoming presidential salary, right column, compared to the current one, as he speaks to reporters from his party's headquarters in Mexico City, Sunday, July 15, 2018. Lopez Obrador says he plans to earn 40 percent of what his predecessor makes when he takes office in December as part of an austerity push in government. (AP Photo/Anthony Vazquez)

Mexico's President-elect Andres Manuel Lopez Obrador holds a document comparing his upcoming presidential salary, right column, compared to the current one, as he speaks to reporters from his party's headquarters in Mexico City, Sunday, July 15, 2018. Lopez Obrador says he plans to earn 40 percent of what his predecessor makes when he takes office in December as part of an austerity push in government. (AP Photo/Anthony Vazquez)

"What we want is for the budget to reach everybody," he told reporters in front of his campaign headquarters.

Glancing at a piece of paper with numbers on it, Lopez Obrador said he will take home 108,000 pesos a month, which is $5,707 at current exchange rates, and that no public official will be able to earn more than the president during his six-year term. The transition team calculates that current Mexican President Enrique Pena Nieto makes 270,000 pesos a month.

Mexico's President-elect Andres Manuel Lopez Obrador holds documents outlining the presidential salary as he speaks to reporters from his party's headquarters in Mexico City, Sunday, July 15, 2018. Lopez Obrador says he plans to earn 40 percent of what his predecessor makes when he takes office in December as part of an austerity push in government. (AP Photo/Anthony Vazquez)

Mexico's President-elect Andres Manuel Lopez Obrador holds documents outlining the presidential salary as he speaks to reporters from his party's headquarters in Mexico City, Sunday, July 15, 2018. Lopez Obrador says he plans to earn 40 percent of what his predecessor makes when he takes office in December as part of an austerity push in government. (AP Photo/Anthony Vazquez)

Lopez Obrador said he'd like to reduce his salary even further, but that he doesn't want to cause resentment among future Cabinet members who are in some cases leaving private sector positions and academic posts that pay more than the new ceiling for public officials.

He reiterated campaign promises to cut back on taxpayer funded perks for high-level government officials, such as chauffeurs, bodyguards and private medical insurance. The official presidential residence will become a cultural center and ex-presidents will no longer receive pensions, he said.

Mexico's President-elect Andres Manuel Lopez Obrador holds documents outlining the presidential salary as he speaks to reporters from his party's headquarters in Mexico City, Sunday, July 15, 2018. Lopez Obrador says he plans to earn 40 percent of what his predecessor makes when he takes office in December as part of an austerity push in government. (AP Photo/Anthony Vazquez)

Mexico's President-elect Andres Manuel Lopez Obrador holds documents outlining the presidential salary as he speaks to reporters from his party's headquarters in Mexico City, Sunday, July 15, 2018. Lopez Obrador says he plans to earn 40 percent of what his predecessor makes when he takes office in December as part of an austerity push in government. (AP Photo/Anthony Vazquez)

At the same time, he doubled down on pledges to stem corruption. Mexico ranks 135 out of 180 countries in Transparency International's 2017 Corruption Perception Index, with higher numbers indicating higher levels of corruption.

Public officials will have to disclose their assets, he said, and corruption will be considered a serious offense.

Roberto Montanez holds a painting of President-elect Andres Manuel Lopez Obrador, left, with Mexico's late President Benito Juarez (1858-1872) outside Lopez Obrador's headquarters after he spoke to the press in Mexico City, Sunday, July 15, 2018. Lopez Obrador says he plans to earn 40 percent of what his predecessor makes when he takes office in December as part of an austerity push in government. (AP Photo/Anthony Vazquez)

Roberto Montanez holds a painting of President-elect Andres Manuel Lopez Obrador, left, with Mexico's late President Benito Juarez (1858-1872) outside Lopez Obrador's headquarters after he spoke to the press in Mexico City, Sunday, July 15, 2018. Lopez Obrador says he plans to earn 40 percent of what his predecessor makes when he takes office in December as part of an austerity push in government. (AP Photo/Anthony Vazquez)

Supporters gathered beyond the gates cheered the proposals.

"This is what we need," said Josefina Arciniega, 57, who earns 12,000 pesos a month as an administrative assistant. "We are fed up."

Arciniega said she's tired of low-level public servants asking for bribes and of watching high-ranking officials living in luxury while people like her struggle to pay the bills.

Orlando Alvarado, a chemical engineer standing next to Arciniega, called Lopez Obrador's proposed presidential salary a dignified wage.

"A lot of Mexican professionals don't even make 6,000 pesos a month. I'm talking about accountants and doctors," he said.

Next Article

Juventus ordered to pay Ronaldo more than $10 million in salary dispute

2024-04-18 16:39 Last Updated At:16:50

TURIN, Italy (AP) — Juventus has been ordered to pay Cristiano Ronaldo more than $10 million by an arbitration board following a salary dispute.

The dispute regarded a move by Juventus players to defer part of their salaries during the coronavirus pandemic.

The 9.8 million euros ($10.5 million) that Juventus was ordered to pay Ronaldo is half the amount that the five-time Ballon d’Or winner had been seeking from the Turin club in back wages.

Juventus said in a statement late Wednesday that “with the support of its legal counsel” it’s “reviewing the decision made by the arbitration board, reserving all assessments and initiatives to preserve its rights.”

Ronaldo played for Juventus from 2018-21, helping the club to two Serie A titles.

Former Juventus president Andrea Agnelli and the entire club board resigned in 2023 amid an investigation into false accounting — which then resulted in a 10-point penalty for Juventus in Serie A and a ban by UEFA from Europe for this season.

Ronaldo now plays for Al-Nassr in Saudi Arabia.

AP soccer: https://apnews.com/hub/soccer

FILE - Cristiano Ronaldo celebrates after scoring a goal during the Italian Serie A soccer match between Verona and Juventus at the Bentegodi stadium in Verona, Italy, on Saturday, Feb. 27, 2021. Juventus has been ordered to pay Cristiano Ronaldo more than $10 million by an arbitration board following a salary dispute with one of his former clubs. The dispute regarded a move by Juventus players to defer part of their salaries during the coronavirus pandemic. (Paola Garbuio/LaPresse via AP, File)

FILE - Cristiano Ronaldo celebrates after scoring a goal during the Italian Serie A soccer match between Verona and Juventus at the Bentegodi stadium in Verona, Italy, on Saturday, Feb. 27, 2021. Juventus has been ordered to pay Cristiano Ronaldo more than $10 million by an arbitration board following a salary dispute with one of his former clubs. The dispute regarded a move by Juventus players to defer part of their salaries during the coronavirus pandemic. (Paola Garbuio/LaPresse via AP, File)

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