Bolivia's President slashes salary

Bolivia’s President Evo Morales has cut his salary by more than half and declared no Cabinet minister can collect a higher wage than his – €1,500 a month - with the savings going towards hiring more teachers.

The move followed a campaign pledge to tackle political corruption and restore honesty to the government of South America’s poorest country, although critics called it a propaganda ploy that would do little to help the needy.

Morales decreed his new salary, down from the previous president’s monthly income of €3,500, five days into his left-wing government.