Singapore's PM identifies 3 priority areas for gov't

17:11, January 25, 2010      

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Singapore's Prime Minister Lee Hsien Loong on Monday said that restructuring the economy, addressing the population shortfall and renewing the political system are the three priority areas for the government.

According to local media Channel NewsAsia, Lee said that economic policies formulated by Singapore must enable the country' s economy to perform to its limits and help Singaporeans thrive in the new world.

Speaking at the annual Singapore Perspective Conference, he also stressed the country's population shortfall. He said that the government needs to encourage Singaporeans to start families with parenthood benefits and other incentives. However, he added that the country must also top up the population and talent pool with immigration in a measured and calibrated manner.

Turning to the subject of renewing the political system, Lee said a key task for him and his predecessors has always been to identify promising people to form the next team. He said that good progress has been made in this area but he does not have a complete next team lined up in Cabinet yet.

He is confident that by the next general election, the People's Action Party (PAP), the country's ruling party, will field a team which will consist the core of the next generation leadership. Lee also stressed that leadership renewal will be a major issue in the next general election.

The PAP currently holds 82 out of 84 parliamentary seats.

Source: Xinhua
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