In a public interview held at Singapore Management University, Prime Minister Lee Hsien Loong said that Singaporeans must raise their productivity to 2% to meet the GDP growth of 2 to 4% every year.
PM Lee also said Singaporeans can find good jobs only when there is economic growth. He said that Singaporeans need to improve their productivity and maintain its economic growth, quoting GDP figures from 1965 to the present GDP figures which are relatively slowing down at around 2 to 4 percent.
The Prime Minister also took the opportunity to ask Singaporeans to marry and have more children, to tackle an ageing population and falling birth rate.
However, Lee Hsien Loong said that his biggest challenge is to maintain a sense of Singaporean pride and he said that is something he cannot manufacture. PM Lee said that Singapore need good policies just like the past 50 years:
“For the next 50 years, we will need good policies. But just like the past 50 years, for these policies to succeed, we need a strong sense of identity and nationhood. We need to be proud to be a Singaporean.”