Singapore's Finance Minister and Deputy Prime Minister Tharman Shanmugaratnam will receive the Finance Minister of the Year award by Euromoney magazine in Washington on Sunday, local media reported.
The accolade recognizes Tharman's "over-arching role" in shifting Singapore's economic growth model from one dependent on an ever-expanding working population to a steadier platform of increasing productivity, Euromoney said on Saturday.
The shift is taking place even while Singapore's status as an innovative trade and financial services hub to diversified export markets is being maintained. Full story
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