- Singapore is boosting ministerial salaries from 15 October, increasing Prime Minister Lawrence Wong's annual pay by 64 per cent to S$3.6m (£2.1m).
- Prime Minister Wong acknowledged public sensitivity surrounding the increases and announced he will donate his salary increment to charity for the next five years.
- The adjustment reinforces Singapore's position as home to the world's highest-paid political leaders, far exceeding compensation for counterparts in the UK and US.
- Junior ministers will see an initial increase of up to 9 per cent, with potential annual earnings reaching up to S$1.8m depending on performance.
- This marks the first adjustment to Singaporean ministerial pay since 2012, with salaries benchmarked against the country's top 1,000 earners.
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Salary of highest paid world leader to increase by £800k a year