Singapore's Prime Minister Lawrence Wong's salary will increase by £800,000 a year, boosting his annual pay to £2.1 million from £1.3 million on October 15. This marks a 64% increase in his salary, and comes as part of the country's strategy to attract top talent and reduce corruption. Singapore pays its politicians high salaries to compete with the private sector, where the median worker earns around S$5,775 (£3,600) per month. The decision has been met with criticism, but Prime Minister Wong has said he will donate his increment to charity for the next five years, acknowledging that the issue is "difficult and emotive" for Singaporeans.
boost talent and reduce corruption