Singapore to launch review of economic strategy
Singapore will carry out a fresh review of its economic strategy, with committees formed to develop longer-term plans in five areas that include strengthening the country’s global competitiveness and improving its start-up ecosystem.
Singapore will carry out a fresh review of its economic strategy, with committees formed to develop longer-term plans in five areas that include strengthening the country’s global competitiveness and improving its start-up ecosystem.
Singaporean Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong, who announced the review on August 4, said it will “chart an economic blueprint that will enable us to stay globally competitive over the longer term, and in doing so, secure good opportunities for Singapore and Singaporeans”.
Gan also chairs the Singapore Economic Resilience Taskforce, which was established in April in the face of tariff-driven uncertainty.
The evaluation process will include extensive consultations with businesses, workers, and other key stakeholders in the coming months. The committees will publish final reports with their recommendations by mid-2026./.