Itaipu clarifies that ministers and the legal advisor to the Presidency, holding positions on the Board of Directors of the Binational entity, do so without receiving additional salary or allowances beyond what is stipulated for their roles as ministers of the Executive Branch.
Asunción, Agencia IP.- Itaipu clarifies that ministers and the legal advisor to the Presidency, holding positions on the Board of Directors of the Binational entity, do so without receiving additional salary or allowances beyond what is stipulated for their roles as ministers of the Executive Branch.
In other words, unlike other members of the Board, Economy, and Finance Minister Carlos Fernández Valdovinos, Industry and Commerce Minister Javier Giménez García de Zúñiga, Presidential Legal Advisor Roberto Moreno Rodríguez, and Foreign Minister Rubén Darío Ramírez Lezcano do not receive Itaipu’s monthly remuneration of G. 119 million.
Presidential Decree No. 245 of 5/09/2023 explicitly states that the officials nominated in that document to join the Board of Directors will receive as their sole and exclusive salary that of their respective positions as Ministers of Economy and Finance, Industry and Commerce, and Legal Advisor to the Presidency, respectively. They are not entitled to receive salary or allowances from Itaipu as Board members.
This provision was also communicated to the Binational entity Itaipu, requesting that its respective bodies take the necessary administrative measures so that these funds can be reallocated to social responsibility expenses for the benefit of the Paraguayan population.
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