S’pore panel unveils long-term economic strategy


SINGAPORE: A key Singapore advisory panel has proposed a 10-year strategy aimed at ensuring annual economic growth of 2%-3%, mainly centred on trade partnerships, deepening the workforce’s tech skills and digitalising the economy.

It also recommended a review of Singapore’s tax system so that it remains pro-growth and competitive, while also “broad-based, progressive and fair” to adjust to an ageing society, but it did not go into details over how that should be shaped.

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