Singapore Aims for 2-3% Growth a Year Over Next decade

The video discusses Singapore's budget strategy, focusing on both short-term and long-term economic measures. It highlights support for specific industries, infrastructure projects, and skills training. The budget aims to address cyclical weaknesses and includes a carbon tax for environmental protection. Singapore's trade dependency and plans for future growth are also covered.

What specific industries did Singapore's budget aim to support in the near term?

• Technology and healthcare

• Retail and education

• Marine and offshore

• Agriculture and tourism

Which infrastructure project is considered critical in Singapore's budget?

• New MRT line

• Terminal 5 at the airport

• New highway system

• Expansion of the port

What change was made to the employment age in Singapore's budget?

• Decreased to 60

• Increased to 70

• Decreased to 65

• Increased to 67

What new environmental initiative was introduced in Singapore's budget?

• Plastic ban

• Renewable energy incentives

• Carbon tax

• Water conservation program

What is Singapore's long-term economic growth target per year?

• 4-5%

• 3-4%

• 2-3%

• 1-2%