Singapore must focus on inclusive growth to meet global challenges: Grace Fu
Like any other global city, Singapore faces challenges such as rising income inequality, social tensions as diverse populations congregate, and issues of congestion.
As such, "our growth strategy must be an inclusive one", said Ms Grace Fu, Minister in the Prime Minister's Office.
The Government's key strategies in this environment have been to nurture human capital, remain open to talent and investments, and address urban stresses like rising income inequality and social tensions, said Ms Fu, who is also the Second Minister for the Environment and Water Resources, and for Foreign Affairs.
The minister was speaking at the Eurasia Business and Economics Society Conference, held on Thursday at Nanyang Technological University. This is the first time the conference, now in its 12th iteration, is being held outside Europe.