Apart from the 20 percent reduced pay for the government ministers, they are significantly cutting down ministerial travel allowances that were put in place by the previous government.
Deputy Prime Minister and Minister for Finance Professor Biman Prasad highlighted this while delivering the 2023/2024 National Budget adding the focus now will be on the efficient and effective use of every single dollar.
Professor Prasad further says they will start this from the ministerial level to set an example.
He says they are going to cut wastage and unnecessary spending by starting themselves.
He further says all Coalition Government Ministers support these reductions, starting with the Prime Minister himself.
Prof. Prasad says for the travel allowance of the Prime Minister, the current 250 percent per diem loading will be reduced to only 100 percent.
He further says Ministers will have their top up reduced from 200 percent to only 50 percent.
The Finance Minister says for assistant Ministers the top up will be reduced from the current 100 percent to 25 percent.
He further says apart from these major reductions, they will remove all the exorbitant incidental allowances that are currently provided.
