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SINGAPORE – The Prime Minister, Cabinet ministers and other political office-holders – as well as the President – will take a three-month pay cut to stand in solidarity with Singaporeans in this difficult time, Deputy Prime Minister Heng Swee Keat said on Thursday.
Mr Heng, who is also finance minister, said that political office-holders will take an additional two-month pay cut on top of the one-month pay cut announced last month, in light of the deteriorating situation caused by the coronavirus.
“The President, Speaker, and both Deputy Speakers have informed me that they will join in and take a similar three-month pay cut in total,” said Mr Heng, as he delivered the supplementary budget.
“It is in times of crisis that the true character of a nation can be seen,” he added. “We are all in this together, and we must all look after one another in these trying times.”
Calling the Covid-19 situation an “unprecedented crisis” that has escalated very quickly, Mr Heng said it has prompted the government to take extraordinary measures and put together a landmark supplementary budget.
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