Speech by Mr Lim Hng Kiang Minister for Trade and Industry, during the Committee of Supply Debate under Head V(Ministry of Trade and Industry) on 8 March 2010 MTI COS SPEECH 2010 “ECONOMIC OPPORTUNITIES & GROWTH STRATEGIES”

Mr Chairman, first let me thank Members for their comments and suggestions.Indeed, 2009 was a turbulent year for our economy. We went through a deep recession in the first half, but rebounded strongly towards the end of the year. GDP contracted by 2% over the year but employment increased by 38,800 jobs.

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