The importance of money and power has been taught to us right from our childhood directly or indirectly. As kids we see our parents working hard for money so that they can provide us with all the worldly pleasures and necessities that we require. When we are grown up we struggle hard to compete for good positions in good companies which would also provide us better salaries to support our lifestyle and requirements. Every job has a salary and perks that are additionally given if you are on a top level position. So let’s find out more about President’s salary and the perks that they receive.
Of course being the First Citizen of the nation isn’t that easy as it seems which is why President’s salary is comparatively high than the rest in the cabinet. Different countries have different laws and constitutional liberties given to the politicians and the people of that country. Hence, President’s salary differs from country to country, though the powers and perks might not differ to such an extent. In the United States of America, annual President’s salary is around US$ 400,000 along with other annual expenses and non-taxable expenses for travel and entertainment.
In developing countries like India, President’s salary is around Rs. 12 laky annually along with other expenses for security, travel and entertainment. President’s salary in Philippines is approximately around Php 60,000 annually and when compared with the salary of President of the United States of America, it is 3,000 percent lower. The President of Singapore earns around S$3140000 annually along with other perks that are non-taxable.
From the salary numbers mentioned above we can clearly make out that the President’s salary is directly proportional to the economy of the country and other external factors like the development of the country, foreign exchange and so on.
The President of the United States earns $400,000 a year.
The vice president’s annual salary is $221,100.
The President of Lithuania earns 26 125 litu
If you know, please post other countries presidents salaries in comment window. Thank You