Amlo: How often do world leaders take a pay cut?

Mexico’s incoming president Andrés Manuel López Obrador plans to take a 60% pay cut when he takes office in December.

• BBC

The winning left-wing candidate will now earn a salary equivalent to about $5,707 (£4,310) a month and no other public official will be able to earn more than him.

Mr López Obrador said the official residence, Los Pinos, will become a cultural centre.

The Mexican politician is certainly not the first leader to make the statement of lowering his or her salary.

It’s a populist gesture often used to demonstrate that a leader of a…

• Amlo: How often…