Tuesday 23 October 2018
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4 months ago

Malaysian king takes pay cut to help slash country’s massive debts

Malaysia s king has thrown his weight behind the new government s bid to slash massive debts inherited from the corruption-plagued old regime by taking a 10 percent pay cut, royal officials said. Sultan Muhammad V offered to reduce his salary after being touched by members of the public contributing out of their own pockets to a government fund to cut the debt, they said. An alliance headed by Prime Minister Mahathir Mohamad won a surprise election victory last month, ousting the scandal-mired coalition t

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