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Global Business News

The Economic Times

Global Business / The Economic Times

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Singapore PM Lawrence Wong proposes big salary increase for ministers

Singapore's government will significantly increase ministerial salaries, aiming to attract top talent. Junior ministers could earn up to S$1.8 million annually, while the prime minister's salary will rise. The prime minister will donate his full salary increase to charity for five years. These high salaries aim to prevent corruption and ensure good governance in Singapore.

8 Sep 2026 11:08 am