TAIWAN

President Will Forgo 8% Salary Increase: Lee Teng-hui will decline the raise for public officials scheduled to take effect July 1, leaving his monthly compensation unchanged at $30,410 a month, the Economic Daily News reported. Lee’s compensation, including salary and government-paid expenses, works out to $364,927 a year, more than that received by President Clinton, the paper said. Lee will skip the raise in order to ease pressure on the government’s budget for the fiscal year beginning July 1. Taiwan’s legislature passed a $40.4-billion fiscal 1994 budget on May 28.