04-08-2025
Singapore reviews economic strategy, 5 committees to publish recommendations by mid-2026
Singapore is reviewing its economic strategy, amid upheaval in global trade driven by US tariffs. Five committees have been set up to focus on key areas like attracting global investments, preparing for emerging tech and protecting workers. Chaired by political office holders, each committee brings together union representatives and private sector leaders. Their goal is to develop strategic recommendations, which will be published by mid-2026. DBS Chief Economist Dr Taimur Baig talks about how the Economic Strategic Review will impact the Singapore Economy 2030 vision launched back in 2022. He also explains how developing a new long-term strategy now will secure Singapore's economic certainty.
