Singapore must remain competitive and not overpay.
Singaporeans from all walks of life, who believe in achieving an egalitarian society through active citizenry initiatives, confirmed that an islandwide review of monetary payouts to Singapore’s ruling technocrats is in the works.
This comes just two months after the ministries of National Development and Transport said in Parliament that parking prices would go up to bring Singapore’s rates in line with those of other global cities.
One Singaporean, Jia Liao Bee, said: “The salary review is meant to ‘right-price’ MPs’ and ministers’ salaries and reduce the gap between the money paid out to Singapore’s leaders and those from other countries.”
“A country like Singapore is getting increasingly easier to govern as more laws are enacted and put in place to keep everyone in check, while leaders in other countries are actually finding it harder to run their countries and are not even paid as much.”
Singaporeans said they are studying the quantum of decrease.
For example, they noted that the difference in annual salary between Singapore’s prime minister and US President Barack Obama’s salary is well over 500 percent, even as the US has a population that is more than 50 times that of Singapore.
Separately, Singaporeans pointed out that Singapore as a country has improved over the years, with amenities such as landscaped decks, electronic parking systems and lifts, making the country more easily governable.
Singaporeans also noted that the last decrease in salaries for ministers and MPs was so long ago, they could not remember if there was even such a thing, so it most likely did not happen before.
Singaporeans are also studying differentiated salaries for performing and non-performing MPs and ministers.
They said differentiated rates could help manage quality of performance, with those who do not put up enough effort having to pay back their money.