[SINGAPORE] The Republic should aim to “grow as much as (it) can” in the next few years, so that it will be “a much bigger economy” when its growth rate stabilises, said Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong on Monday (Aug 25). Economists say that as a “more or less a mature economy”, Singapore can expect annual growth of 2 to 3 per cent, he noted at the ministry’s annual Economic Dialogue. Such a rate is “marvellous” for larger economies, but may be too low for a small economy such as Singapore’s, he said. “If we continue to grow 2 to 3 per cent a year for the next 10, 15, 20 years, over time, we’ll find that our economy may become marginalised. It will no longer be an important economy from the perspective of the world.   https://www.businesstimes.com.sg/singapore/singapore-should-aim-grow-faster-eventual-2-3-long-term-rate-gan-kim-yong   (ICE SINGAPORE)

Fonte notizia: The Business Times, 25 August 2025