POLITICAL AND ECONOMIC SYSTEM

Of

SINGAPORE
Submitted By:
Apurba Krishnadas
Arnav
Kanika Mahajan
Priya Shaw
Vernika Singla
Vijay Agarwal
POLITICAL SYSTEM OF SINGAPORE
•Supreme law of republic of
Singapore
•Lays down the fundamental
principle and framework for
the executive, legislative &
CONSTITUTION
judiciary organs of state
• Known as legislature
• single house & modeled
• 5years life-period
PARLIAMENT
• 3 Major functions:
• Making Law
• Controlling the state finance
• Perform critical role to
check actions of governing
party
PRESIDENT- SELLAPAN RAMANATHAN

HEAD OF GOVT. AND PRIME MINISTER- LEE HSIEN LOONG

•Speaker of Parliament
• The Government
• Leader of house
• Party whip
• Members of Parliament
STRUCTURE OF • Parliament Secretariat
PARLIAMENT
ACTIVE PARTIES TO DATE
Democratic Progressive Party
People’s action party
People’s liberal Democratic Party
Reform Party
Singapore Democratic Alliance
Singapore Justice Party
Singapore Democratic Party
Singapore People’s Party
Worker’s Party
43 active, dominant and historical parties
 ECONOMIC SYSTEM OF SINGAPORE
• Highly developed, state capitalist mixed economy.

• open business environment

• vibrant free-market economy

• GDP – 60% through govt. entities

GDP-purchasing power parity US $222.7 billion

GDP-real growth rate 7.5%
GDP per-capita (purchasing power
US $48,900
parity)
Investment (gross fixed) 24.4% of the GDP
Industrial Production Growth Rate 5.6%
Exports US $450.6 billion
Imports US $396 billion
Rate of Inflation 4.4%
Thank You!