With Singapore’s economy gradually moving ahead at 3.3%, Prime Minister Lee Hsien Loong stressed the need for “steady and capable leaders who can rally Singaporeans to progress and prosper together” using different strategies and getting into ventures for the country’s development.
This message was emphasized in his New Year’s message which also highlighted the “significant headway” made in the 2018 leadership which for PM Lee promises a good future for Singaporeans and foreigners alike. According to PM Lee, there exists confidence that “Singapore will be in good hands over the long term.”
“This is a good outcome. It gives Singaporeans and foreigners alike confidence that Singapore will be in good hands over the long term, beyond the working lives of me and my senior colleagues,” the Prime Minister said.
“The older ministers and I will do our utmost to help the new team take over the reins from us, and to succeed in their responsibility to lead Singapore and secure its future.”
He added: “Singaporeans have a vital part to play in this succession. I ask you to work with the younger political leaders, to form the best team for Singapore.”
For 2019, PM Lee expects the economy to grow by 1.5% to 3.5%. However, he also advised the public to be vigilant and to stay prudent at all times as there are “major uncertainties” in the global economy with the presence of escalating trade disagreements, tense financial markets, and visible indications of sluggish growth.
Internally, while Singapore is open to difficulties experienced by other countries in the form of declining wages, faulty political structures and deteriorating lives of people, the PM proudly says that Singapore has fared better than most because he said “we have worked closely together to improve the lives of all Singaporeans.”
“We have created good jobs, and prepared people through education and SkillsFuture,” PM Lee said……Crucially, the government is focused on people’s concerns, and working with citizens to create a better tomorrow for all,” the Prime Minister claimed.
“With long-term policies in place and a strong team in charge, we have reason to be confident about our future. Despite the uncertain external environment and economic outlook, we are entering our Bicentennial Year with renewed vigor and purpose,” PM Lee stated in high spirits.
“We are ready to tackle the challenges ahead and make further progress in building a secure, harmonious, and prosperous nation,” PM Lee added as he wished all Singaporeans a very joyful New Year.