Salary Cuts

Austerity measures are not always well-received. Sometimes it means a cut in social spending for health and education. But this recent austerity measure in Bolivia allows for additional positions for teachers and health workers. Friday, President Evo Morales cut his salary by 57% to about $1,875/mo., from an amount of $4,362/mo. The ministers, vice-minister and… Continue reading Salary Cuts