TALKING focus has been on recent salary review statement by government and still in its people mind. Just like Singaporean, I also quietly curious in how much their millionaire minister's wages are above the rest of the world. As I stated in previous post based on top 10 world leaders who got highest salaries. Now I'm wondering how much Asian leaders receive for their role in policy making. As a part of finding true answer in people's concern, I wanted to know if the salary matter to other famous regional leaders whose performance are highly recognized just like Singapore's minister do. The following standing might have told us some dimension of answer.
Top 10 Asia Pacific Leader's annual salary in USD
1. Hu Jintao (China) - $10,633
2. Manmohan Singh (India) - $36,200
3. Susilo Bambang Yudhoyono - $124,000
4. Lee Myung-bak (South Korea) - $162,000
5. Ma Ying-Jeou (Taiwan) - $184,000
6. John Key (New Zealand) - $310,000
7. Yoshihiko Noda (Japan) - $316,000
8. Julia Gillard (Australia) - $495,000
9. Donald Tsang (Hong Kong) - $550,000
10. Lee Hsien Loong (Singapore) - $1,650,000
Finally, I can't stop thinking our leader's salary to compare against regional counterparts. To the best of my knowledge, our president earn Kyats 50 lakhs per month. Thus I could able to convert it to USD to compare apple to apple. Assume 1USD is equivalent to 800 Kyats. Our president's salary can be calculated as follow:-
Basic salary : 5,000,000 Ks
Exchange rate: 1US$ = 800 Ks
Thus salary in US$ = (5,000,000/800) x 12 = $75,000
WOW, not bad, even higher than China & India counterpart. Exactly, 7 times to China's president and 2.7 times to India's PM. If we calculate based on GDP per capita, the figure might have gone further. Since our country was once one of wealthiest country in Asia, the pay is right to our newly elected civilian president. As the pay come better, the leader should be expected to perform better. Hopefully our president is doing his work by showing the world how he is trust-worthy with the serial reform. For sure, our ministers are never mind on the salary issue as the perk behind might have been the best in the world. May our leader able to please with their salaries. May our ministers able to have enough salaries to put corruption at bay.
Top 10 Asia Pacific Leader's annual salary in USD
1. Hu Jintao (China) - $10,633
2. Manmohan Singh (India) - $36,200
3. Susilo Bambang Yudhoyono - $124,000
4. Lee Myung-bak (South Korea) - $162,000
5. Ma Ying-Jeou (Taiwan) - $184,000
6. John Key (New Zealand) - $310,000
7. Yoshihiko Noda (Japan) - $316,000
8. Julia Gillard (Australia) - $495,000
9. Donald Tsang (Hong Kong) - $550,000
10. Lee Hsien Loong (Singapore) - $1,650,000
Finally, I can't stop thinking our leader's salary to compare against regional counterparts. To the best of my knowledge, our president earn Kyats 50 lakhs per month. Thus I could able to convert it to USD to compare apple to apple. Assume 1USD is equivalent to 800 Kyats. Our president's salary can be calculated as follow:-
Basic salary : 5,000,000 Ks
Exchange rate: 1US$ = 800 Ks
Thus salary in US$ = (5,000,000/800) x 12 = $75,000
WOW, not bad, even higher than China & India counterpart. Exactly, 7 times to China's president and 2.7 times to India's PM. If we calculate based on GDP per capita, the figure might have gone further. Since our country was once one of wealthiest country in Asia, the pay is right to our newly elected civilian president. As the pay come better, the leader should be expected to perform better. Hopefully our president is doing his work by showing the world how he is trust-worthy with the serial reform. For sure, our ministers are never mind on the salary issue as the perk behind might have been the best in the world. May our leader able to please with their salaries. May our ministers able to have enough salaries to put corruption at bay.
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