Friday, April 3, 2009

The 10 Highest Paid Politicians In the world

The UK online website about finance and business, Times Online (timesbusiness.typepad.com), ran this story on 1 April 2009:

The 10 highest paid politicians in the world

There is nothing like a scandal involving porn films claimed on Commons expenses to focus attention on the pay and perks enjoyed, sorry earned, by our public servants.

Even before Jacqui Smith, the Home Secretary, was forced to apologise for her husband's blue movies there had been calls for the whole system to be overturned. The committee on standards in public life which has promised to report on MP pay and expenses by the end of the year is under pressure to do something radical.

Whenever MPs come under attack over pay they are quick to argue that compared to executives in the private and public sector they are not particularly well paid.

With the G20 leaders in the country we thought it was worth getting a snapshot of how much the highest paid presidents and prime ministers around the world earn. For comparison's sake all earnings have been converted into dollars. It also shows basic annual salary only, not the expenses claimed on top.

So, where does our own Gordon Brown stand?

1. Lee Hsien Loong - Singapore
Salary in dollars - $2.47 million
Salary in local currency - S$3.76 million

2. Donald Tsang Yum-Kuen - Hong Kong
Salary in dollars - $516,000
Salary in local currency - HK$4 million

3. Barack Obama - United States
Salary in dollars - $400,000

4. Brian Cowen - Ireland
Salary in dollars - $341,000
Salary in local currency - €257,000

5. Nicolas Sarkozy - France
Salary in dollars - $318,000
Salary in local currency - €240,000

6. Angela Merkel - Germany
Salary in dollars - $303,000
Salary in local currency - €228,000

7. Gordon Brown - UK
Salary in dollars - $279,000
Salary in local currency - £194,250

8. Stephen Harper - Canada
Salary in dollars - $246,000
Salary in local currency - C$311,000

9. Taro Aso - Japan
Salary in dollars - $243,000
Salary in local currency - Y24 million

10. Kevin Rudd - Australia
Salary in dollars - $229,000
Salary in local currency - A$330,000

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