Argentine president to give salary to soup kitchen | Inquirer News

Argentine president to give salary to soup kitchen

/ 08:27 AM January 16, 2016

Mauricio Macri

Argentina’s President Mauricio Macri speaks during a meeting with the Argentine Industrial Union in Buenos Aires, Argentina, Monday, Dec. 14, 2015. AP File Photo

BUENOS AIRES, Argentina—Argentina’s new President Mauricio Macri, a business-friendly conservative from a wealthy family, will donate his salary to a Buenos Aires soup kitchen, a local newspaper reported Friday.

READ: Argentina vows to publish ‘pure’ economic data

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Macri, who earns 100,000 pesos a month as president ($7,500)—61,000 pesos after taxes—will sign his paycheck over to a private charity that feeds 1,800 needy people daily in the poor neighborhood of Villa Soldati on the Argentine capital’s south side, newspaper Clarin reported.

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The former executive gave his salary to the same charity when he was mayor of Buenos Aires.

The 56-year-old Macri, who took office on December 10, has implemented a series of free-market reforms aimed at reviving Argentina’s flagging economy.

READ: Argentina gets ‘Macri-economic’ shock treatment

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TAGS: Argentina, Politics

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