| Although it is
not possible for us to have perfect information
about the future, we do know that some things
never change, like Singapore's small size and
the keener competition that we will face. We therefore
must be prepared for the future.
Singapore has many good things
going for it. We occupy a strategic location in
Asia, the next economic powerhouse of the world.
Domestically, we have a competent Government,
a hardworking and rational people, sound institutions
and, above all, the will to succeed. I am therefore
confident that we will be among the more prosperous
cities of an affluent Asia in the 21st century.
| Nominal GDP (S$ bn) |
3 |
39 |
119 |
| Per-capita GDP (S$) |
1,600 |
14,200 |
34,200 |
| Unemployment
Rate (%) |
9.0 |
4.1 |
2.7 |
| Home Ownership (%) |
22 |
73 |
90 |
| Litetacy Rate (%)1 |
62 |
86 |
92 |
| Infant Mortality Rate
(per 1,000 livebirths) |
26.3 |
9.3 |
4.0 |
| Life Expectancy at Birth
(Years) |
66.5 |
73.9 |
76.4 |
Source: Department of Statistics1
1965 figure refers to persons aged 10 years and
over. 1985 and 1995 figures refer to residents
aged 10 years and over.2 1965 figure refers to
1961-63.p PreliminaryII THE FY96 BUDGET Mr Speaker,
Sir
I will move on to the Budget
for the next financial year. |
