President of Singapore
The President of the Republic of Singapore is the country's head of state. Singapore has a parliamentary system of government. Executive authority is exercised by the Cabinet led by the Prime Minister of Singapore. The current president is Halimah Yacob, who was elected unopposed at the 2017 presidential election. She is the first female President of Singapore and first Malay head of state in 47 years since the death of Yusof Bin Ishak, Singapore's first president.
President of Singapore
The Parliament of Singapore is required to provide a civil list for the maintenance of the President, and it does so by way of the Civil List and Gratuity Act. With effect from 17 February 2012, the sum under Class I of the list, which includes the President's personal pay ($1,568,900, known by the British term the "privy purse"), an entertainment allowance ($73,000) and an allowance for an Acting President ($4,500), is $1,646,400. The privy purse was reduced from $4,267,500 after the President accepted the Ministerial Salaries Review Committee's recommendations on the matter.