With reference to your article entitled ‘€126,350 salary packet for Central Bank head”, published in MaltaToday on 16 November, kindly note that the Directors mentioned by name in the article (apart from the Governor and Deputy Governor), as distinct from Directors who sit on the Executive Management Committee, receive an honorarium, and are not entitled to the remuneration and benefits mentioned in your article.

Michael Bonello,
Governor, Central Bank

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