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  • Macri has offered pensioners and social programs just a 15 percent pay rise, and teachers a 22 percent rise.

    Macri has offered pensioners and social programs just a 15 percent pay rise, and teachers a 22 percent rise. | Photo: Reuters

The Argentine president's monthly salary now just tops 131,421 pesos, equivalent to some US$9,000.

Argentine President Mauricio Macri has given himself a 30 percent pay rise on the salary of his predecessor Cristina Fernandez, while refusing to grant pensioners, social programs, and workers an increase greater than 22 percent.

According to Argentine news website La Nacion, Macri’s monthly salary now just tops 131,421 pesos, equivalent to some US$9,000.

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The figure represents a 30.6 percent rise from the nearly US$7,000 earned monthly by Fernandez.

Government spokespeople said that Macri will donate part of his salary to the Los Piletones charity for the poor in Buenos Aires.

The presidential pay rise tops the rate of inflation that private consultancies estimate to have reached 26 percent in 2015.

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Meanwhile, Macri has offered pensioners and social programs just a 15 percent pay rise, and teachers a 22 percent rise.

The move coincides with a 40 percent hike in rent prices, and a 30 percent spike in the price of meat in the last two months.

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Not true. C. Kirchner bumped Mari's salary. The pay change was introduced about a year ago to benefit her party's candidate--the expected winner-- but Macri's surprise electoral victory made him beneficiary of the salary bump.
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