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12-05-2024, 06:10 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
Over the last 20 years, Singapore’s gross domestic product has more than doubled, from S$228 billion to S$532 billion (US$168 billion to US$392 billion).
The median gross monthly income of Singapore residents has also climbed from S$2,326 to S$5,197.
Under Mr Lee’s watch, Singapore saw lower inequality, with the Gini coefficient after government transfers and taxes dropping from 0.42 to 0.37.
https://www.channelnewsasia.com/singapore/lee-hsien-loong-pm-handover-legacy-politics-4326166
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/pm-lees-20-year-legacy-as-pm-sinkies-median-income-up-from-2100-to-5200-gini-inequality-index-reduced-from-0-42-to-0-37-majulah-pap.364132/).
Over the last 20 years, Singapore’s gross domestic product has more than doubled, from S$228 billion to S$532 billion (US$168 billion to US$392 billion).
The median gross monthly income of Singapore residents has also climbed from S$2,326 to S$5,197.
Under Mr Lee’s watch, Singapore saw lower inequality, with the Gini coefficient after government transfers and taxes dropping from 0.42 to 0.37.
https://www.channelnewsasia.com/singapore/lee-hsien-loong-pm-handover-legacy-politics-4326166
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/pm-lees-20-year-legacy-as-pm-sinkies-median-income-up-from-2100-to-5200-gini-inequality-index-reduced-from-0-42-to-0-37-majulah-pap.364132/).