Singapore MD imagines gleaming future for island state
Ravi Menon delivers a speech looking back from an imagined 2065
Ravi Menon, managing director of the Monetary Authority of Singapore, visualised a future where the country could be the fifth-richest city in the world in 50 years' time, looking back from an imagined 2065 in a speech today (August 5).
Menon painted an overwhelmingly positive future for Singapore and the wider South-east Asian economy, stressing he was not making a forecast or projection, but laying out one plausible scenario for their development.
He envisaged that the country's economy had
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