Describe the overall structure of the government and economy of Singapore in 6-8 points, be sepcific
1. Singapore is a parliamentary republic with a unicameral parliament and a President as the head of state.
2. The government is led by the Prime Minister, who is the head of government and is appointed by the President.
3. The economic system in Singapore is characterized by free-market principles, with limited government intervention in the economy.
4. Singapore has a highly developed and diversified economy, with a strong focus on manufacturing, finance, and technology industries.
5. The government of Singapore has implemented various policies to promote economic growth, such as low taxes, free trade agreements, and a business-friendly regulatory environment.
6. Singapore has a reputation for being one of the least corrupt and most business-friendly countries in the world, making it an attractive destination for foreign investment.
7. The government has also implemented various social programs to ensure the well-being of its citizens, such as affordable healthcare, education, and housing.
8. Overall, Singapore's government and economy are characterized by stability, efficiency, and a strong emphasis on technological innovation and international trade.