Singapore To Cut Salary Of Civil Servants Due To Weak Economy

Bernama.com, 24 Nov 2008

SINGAPORE, Nov 24 (Bernama) -- The Singapore government announced Monday that it would cut the salary of the President, Prime Minister and other senior government officials by 11 per cent to 19 per cent next year due to the country's weakened economy.

The Singapore Public Service Division (PSD) said the pay cut was necessary as close to 25 per cent of the annual salary components were linked to the city-state's economic growth.

Others who would also be affected by the salary cut included ministers and members of parliament, the PSD said in a statement.

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