S'pore would have done well if it grows 2-3% a year for next decade

Singapore

THE Singapore economy is on a "steady path" and stable, and the government is monitoring the growth numbers "very closely", said Prime Minister Lee Hsien Loong at a dialogue on Friday night.

"I wouldn't say we are anxious, but we are watching to see where (the economy) goes. Last year, it was 1.8 per cent growth - a bit less than what we hoped for, but more than we had expected.