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Public Sector Reform

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Singapore Prime Minister’s Pay Surges to $2.85 Million Under New Market-Linked Formula
politics-and-economy1 month ago

Singapore Prime Minister’s Pay Surges to $2.85 Million Under New Market-Linked Formula

Singapore Prime Minister Lawrence Wong’s annual pay package will rise to S$3.6 million ($2.85 million) starting next month, following a review that links ministerial salaries to private-sector earnings. The increase, capped at 9% for current officeholders, aims to attract top talent and deter corruption, though it has sparked public debate over affordability and timing.