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Singapore’s economy grows 4 pct in 2024, surpassing expectations: PM

SINGAPORE, Jan. 1 (Xinhua) — Singaporean Prime Minister Lawrence Wong announced on Tuesday that the country’s economy grew by 4.0 percent in 2024, “exceeding expectations.”

“With the strong economy, I expect real incomes to rise further,” Wong said in his New Year message.

The prime minister said he would set out the country’s next steps in Budget 2025 to be unveiled on Feb. 18. Key priorities include en