Singapore's fiscal position will worsen more than estimated earlier this year. Hopes of any rebound in jobs creation have been hit by sluggish growth in jobs.
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S’PORE GOVT SPENDING HAS ZERO TRANSPARENCY, WORST IN THE WORLD
Singapore ranks lowest on government spending: 0 per cent transparency, 86th and tied for last place with 11 countries that otherwise have little in common with the 20th century’s greatest economic miracle. Singapore joins the likes of Cambodia, Indonesia, China, Zimbabwe, Cyprus and Saudi Arabia in being among the 12 least open for government spending.
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