Singapore has approved a 64 percent salary hike for Prime Minister Lawrence Wong, taking his annual pay to S$3.6 million (around $2.8 million), roughly seven times what US President Donald Trump earns. Wong, who already held the title of the world's highest paid head of government, said he would donate the increase to charity for five years.

The new salaries will take effect from Oct 15 this year.

First pay update since 2012 aims to ensure political salaries do not ‘fall further behind’ market rates, the prime minister says.

Singapore's government will significantly increase ministerial salaries, aiming to attract top talent. Junior ministers could earn up to S$1.8 million annually, while the prime…