Malaysian ministers to take 20% pay cut until country’s economy recovers: Anwar Ibrahim

KUALA LUMPUR — Malaysian Prime Minister Anwar Ibrahim said on Monday (Dec 5) that his cabinet members have agreed to take a 20 per cent salary cut until Malaysia’s economy recovers.

In a press conference after a special cabinet meeting that day, Mr Anwar, who is also the country's finance minister, said this would be a monthly commitment.

“The cabinet agreed that in the spirit of concern with the plight of the people, to have their pay slashed monthly by 20 per cent,” he announced.

“Yes, until the economy recovers. If the economy recovers in three years, then we will review,” he said, adding that while it is inappropriate to slash salaries, he appreciates his cabinet colleagues’ willingness to make the sacrifice.

“There are people who say that 'Anwar, no wonder he is not taking the prime minister’s salary, because he is taking the finance minister’s pay'. It is not true. There is only one salary,” he added.

According to the latest edition of the Members of Parliament (Remuneration) Act 1980, a Malaysian prime minister’s monthly salary is RM22,826.65 (S$7,020), while a deputy prime minister receives RM18,168.15. Ministers get RM14,907.20.

Mr Anwar had previously pledged to take a pay cut if he were to be given the mandate to govern Malaysia in the 15th general election.

After being appointed as the prime minister, he again stressed on his campaign promise to not take his prime minister's pay. MALAY MAIL