Singapore fact of the day

According to Morgan Stanley, Singapore’s public spending on education amounts to about 3 per cent of GDP — far behind the Nordic countries, which spend 7 per cent or more, and even Malaysia at its 6 per cent. For wider comparison, the US spends about 5.5 per cent and Hong Kong 3.5 per cent.

The FT story on Singapore’s 50th birthday is here.


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