Committee of Supply 2022 debate, Day 3: Gan Kim Yong on overcoming challenges and achieving the Singapore Economy 2030 vision
Singapore’s enterprises and workers “have come far” in the fight against the COVID-19 pandemic, though it is not yet over. The country achieved strong recovery last year, rebounding from its worst recession since independence, with 7.6 per cent growth. Labour market conditions also improved considerably. However, major challenges remain and the conflict in Ukraine will “add bumps in our road” to further recovery and growth, said Trade and Industry Minister Gan Kim Yong in Parliament on Friday (Mar 4). He shared the goals for the four key pillars of the Singapore Economy 2030 vision, namely services, manufacturing, trade and enterprises. He also elaborated on how Singapore is proactively strengthening its position in global trade.
Singapore’s enterprises and workers “have come far” in the fight against the COVID-19 pandemic, though it is not yet over. The country achieved strong recovery last year, rebounding from its worst recession since independence, with 7.6 per cent growth. Labour market conditions also improved considerably. However, major challenges remain and the conflict in Ukraine will “add bumps in our road” to further recovery and growth, said Trade and Industry Minister Gan Kim Yong in Parliament on Friday (Mar 4). He shared the goals for the four key pillars of the Singapore Economy 2030 vision, namely services, manufacturing, trade and enterprises. He also elaborated on how Singapore is proactively strengthening its position in global trade.
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