In October 1998, in the private sector under the guidance of the Committee on Singapore's Competitiveness, presented his report of the Government of Singapore. The report estimated the economic health of Singapore at that time and competitiveness over the next decade, and proposed strategies and policies to combat the economic downturn and to maintain and strengthen the competitive position of Singapore in the long term. The government has responded positively to the report, saying immediate spending cuts package in accordance with the recommendations and directions of the long-term adoption of recommendations. Although the government has expressed concern over the timing of recovery, she was confident in the future of Singapore. "Hide
by Michael Enright, Andrew Lee Source: University of Hong Kong, 20 pages. Publication Date: January 1, 1999. Prod. #: HKU033-PDF-ENG