What should Singapore's future look like?

Prime Minister Lee Hsien Loong offered his answer in the National Day message which was aired at 6.45pm on Wednesday evening.

He named three things in particular: the country must offer hope for the future, it must have an inclusive society and it must be a home that everyone loves.

To help achieve that vision, he announced that a new ministerial committee would be set up to conduct a broad-based review of policies. It will be chaired by Education Minister Heng Swee Keat and will include a number of younger ministers.

As part of his speech, PM Lee also announced that forecast for economic growth this year has been narrowed to between 1.5 per cent to 2.5 per cent.

The previous forecast was between 1 per cent and 3 per cent.