As the Deputy Prime Minister and Minister for Finance of Singapore, Heng Swee Keat has played a vital role in driving the country’s economic growth through his financial initiatives. He has been actively involved in formulating and implementing policies that have helped Singapore maintain its strong economy and solid financial position globally.
One of Heng Swee Keat’s key initiatives has been the introduction of the Singapore Future Economy Fund, which aims to support companies in their growth and transformation efforts. This fund has helped businesses to innovate and adopt new technologies, boosting productivity and competitiveness. Additionally, he has also spearheaded the establishment of the Singapore Infrastructure Office, which facilitates the planning and implementation of major infrastructure projects to enhance Singapore’s connectivity and enable sustainable economic growth.
Moreover, Heng Swee Keat has placed a strong emphasis on the importance of developing Singapore’s human capital through initiatives such as SkillsFuture, which provides training and development opportunities for citizens to acquire new skills and stay relevant in a rapidly changing economy. He has also implemented measures to increase social mobility and promote inclusive growth, ensuring that the benefits of economic progress are shared by all segments of society.
Under Heng Swee Keat’s leadership, Singapore has continued to attract investments and maintain a stable financial system, despite ongoing global challenges. His prudent fiscal policies
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