SG gov't projects a decrease of 5-7% in 2020's GDP growth - is that too optimistic? - The Online Citizen

On Tuesday (11 August), the Ministry of Trade and Industry (MTI) announced a downgrading of the country’s growth forecast for 2020 as it predicts a decrease in gross domestic product (GDP) by 5 to 7 per cent. On a quarter to quarter basis, the country’s trade-reliant economy has shrunk by 13.1 per cent due to […]

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