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Singaporean cabinet ministers to take paycut December 30, 2008

Posted by @Karen_Fu in Economy, life challenges, Minister pay cut, Uncategorized.
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All the cabinet ministers including the Minister Mentor, Senior Minister and the rest are to take pay cut.

This may prompt the entire civil service sector to make similar moves in lieu of the current global economic crisis. The way I see it, it may spell that more challenging times ahead.

http://www.post1.net/lowem/entry/singapore_ministers_civil_servants_2009_pay_cut_up_to_19_on_gdp_decline_singapore_recession

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