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This is a list of salaries of heads of state and government per year, ... Singapore: 1,442,000 USD ... (Federal Council)
When Singapore gained its independence from Malaysia in 1965, the prime minister's monthly salary was based on that of the chief minister when Singapore was still a British colony, and was fixed at S$3,500 (equivalent to $14,867 in 2022). The monthly salary was not adjusted until 1973, when ministerial pay was revised and the prime minister's ...
The Government of Singapore is defined by the Constitution of the Republic of Singapore to consist of the President and the Executive. Executive authority of Singapore is vested in the President but exercised on the advice of the Cabinet led by the Prime Minister. The President, acting as the Head of State, may only act in their discretion in ...
The president of Singapore is the head of state of Singapore, is paid an annual salary of S$1.54 million, or US$1.1 million, and is subject to periodic White Paper reviews. [3] The previous president was Halimah Yacob, who took office on 14 September 2017. She was the first female president in the country's history. [4]
Other countries. v. t. e. Singapore is a parliamentary representative democratic republic in which the president of Singapore is the head of state, the prime minister of Singapore is the head of government, and of a multi-party system. Executive power is exercised by the Cabinet from the parliament, and to a lesser extent, the president.
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As of 2023, the total size of the reserves has been estimated to be at least S$ 2.5 trillion (2024) (US$ 1.87 trillion), based on publicly available data from GIC, [a] Temasek, [b] MAS, [c] and CPF, [d] among others. It is generally assumed that Singapore's reserves are far-reaching and significant. However, the Government has consistently ...
Under the Constitution, the president must be a Singaporean citizen, non-partisan and elected by a popular vote. The incumbent president is Tharman Shanmugaratnam, who took office on 14 September 2023 after being duly elected in the 2023 presidential election with 70.41% of the vote.