WSJ Blogs, 16 May 2012The government announced a bevy of proposed new pay raises this week, which would increase the monthly salary of the city’s government ministers by 8.1% to HK$332,260, or an annual US$513,000. Under the plan, salaries for the city’s chief executive, financial secretary and justice secretary would also experience corresponding rises.
The latest proposal would raise the pay of the city’s chief executive (its top political post) to a comfortable US$620,843 per year, a spokesman for the city’s constitutional and mainland affairs bureau said. Such a figure is dwarfed by salaries in Singapore, where the prime minister pulls down an annual US$1.7 million salary,... Full story
