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.

"This year, we hope that momentum will improve and there is some chance of that," he told an audience of nearly 400 guests at The Arts House.

The occasion was the seventh and final instalment of the…