January
01
Singapore’s economy grows 7.5% in 2007: PM Lee
Posted in News on January 1st, 2008 by Justin Ng
SINGAPORE : Singapore’s economy has grown 7.5 percent for the whole of 2007, said Prime Minister Lee Hsien Loong in his 2008 New Year Message.
And he remains cautiously optimistic about the outlook for the new year.
Mr Lee also spelt out significant policy decisions in the areas of healthcare, land transport and education Singaporeans would have to face in 2008.
Singapore has enjoyed another year of robust expansion, although the fourth quarter saw slower growth.
The high growth has benefited all Singaporeans - a record 172,000 jobs have been created between January and September and unemployment is down to 1.7 percent, the lowest in almost a decade.
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