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Singapore economy grew by 4% in 2024, exceeding expectations: Lawrence Wong
18 hours ago
18 hours ago
- Most workers in Singapore have also received wage increases that outpace inflation, “making them better off in real terms”, said Prime Minister Lawrence Wong in his New Year message on Tuesday (Dec 31).
- In the past decade, median income in Singapore rose by 2.2 per cent per annum above inflation. With the strong economy, real incomes are expected to rise further, he added.
- Mr Wong also urged Singaporeans to carry the “Team Singapore spirit” into 2025, recalling the Forward Singapore exercise.