Deputy Prime Minister and Minister for Finance, Heng Swee Keat, announced today that Singapore will embark on a plan to develop and use Artificial Intelligence (AI) to transform Singapore's economy and improve the lives of citizens. This plan is outlined in the National AI Strategy document that was unveiled at the SFF X SWITCH (Singapore FinTech Festival and Singapore Week of Innovation and TeCHnology) Conference. The National AI Strategy is key to the next stage of our Smart Nation journey. The key approach is to adopt a human-centric approach, and focus on delivering tangible benefits to citizens and businesses through AI. In line with this, we have identified five National AI Projects for a start, to use AI technologies to address key national challenges and deliver impactful social and/or economic benefits to Singaporeans.