Singapore PM Lee Hsien Loong urges unity as region faces less ‘peaceful and stable’ climate
- In his annual address, Lee urged Singaporeans to stay united to better tackle global challenges and stressed the importance of a strong military
- The leader also discussed economic challenges, that the economic outlook has ‘clouded considerably’ given supply chain woes and inflation
“We must also brace ourselves and be psychologically prepared that in the next decades our region may not be as peaceful and stable as it has been thus far.”
“This is unlikely to improve any time soon. Furthermore, miscalculations or mishaps can easily make things much worse,” added Lee.
Singapore’s Lee had emphasised the importance of stable US-China relations for regional peace and security during his meeting with Pelosi.
“Our road ahead will not be easy,” cautioned Lee in his 10-minute annual address.
He also touched on the economic challenges ahead, noting that the economic outlook has been “clouded considerably”.
The Ukraine war has aggravated supply chain disruptions and high inflation, sending food and energy prices soaring. While the Singapore government has pledged to support its citizens, the reality was that low inflation and interest levels would not return “any time soon”.
The ruling People’s Action Party has governed Singapore continuously since self-rule in 1959, and has held several such major national consultation exercises in the past, especially during periods of political transition.