world trade organization restricted wt tpr g 130 17 may 2004 04 2081 policy review body original english singapore report by the government pursuant to agreement establishing mechanism annex 3 of marrakesh statement is attached contents page 1 economic performance 5 biomedical sector shows its promise growth in merchandise and services 6 strong inward outward fdi 7 2 promoting a competitive economy 8 with global links reach 10 more entrepreneurial 12 diversification for sustainable 13 conclusion 14 period under continued liberalise improve competitiveness prudent macroeconomic policies provided monetary fiscal stability business expansion formation these have resulted one most reliable predictable transparent places businesses s second population below 20 million freest expanded an average pa from 1992 2002 grew 2003