11 Mar '11, 12am

Parliament approves increase in President's salary, expenditure

SINGAPORE - Parliament has approved an increase in the President's salary, which is also known as the Privy Purse, for the fiscal year 2010. The salary is now S$4,267,500, an increase of S$890,700 from an earlier estimate made in Budget 2010. The revision is part of an overall increase in the manpower expenditure for the Office of the Istana, which is staffed by 62 personnel. Finance Minister Tharman Shanmugaratnam, who proposed yesterday that the House support the change, said this caters for the "recruitment of an additional staff officer to support the work of the Council of Presidential Advisers and a butler manager to meet increased demand for butler services at the Istana, and to meet the higher variable payments on account of a strong economic growth". Expenditure for the Istana's household and special services was decreased, though, "to reflect savings" on these an...

Full article: http://www.todayonline.com/Singapore/EDC110311-0000251/Pa...

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