Beji Caid Essebsi has been the president of Tunisia since December 2014. His predecessor Moncef Marzouki had announced his decision to voluntarily take a two-thirds pay cut in 2014. He was receiving a net income of around $12,000 from a gross wage of around $19,000. He was of the opinion that the state has to be a model to deal with the nation’s deteriorating financial situation. He had ordered reductions in the expenses of the presidency. The monthly salary of the President of Tunisia is around $1,350.