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
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.
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