Singapore’s productivity level is 60—70% of what is possible according to Singapore Prime Minister Lee Hsien Loong.
Singapore’s productivity level is 60—70% of what is possible: PM Lee
SINGAPORE: Singapore’s Prime Minister Lee Hsien Loong said Sunday the country has a considerable way to go in its productivity drive, especially when compared with other countries which have achieved significant productivity growth.
He said Singapore’s productivity level is 60 to 70 per cent of what is possible.
Mr Lee’s remarks follow the release of the Economic Strategies Committee Report, which placed productivity as the key growth strategy for Singapore’s economy.
Well I think my productivity is 83% (my favorite random number). Now, is 60% to 70% just some arbitrary range or is it based on some metric?