SINGAPORE - Singapore's economic growth may decline April to June compared with the previous quarter because of the recently reimposed coronavirus curbs, putting at risk the full-year target of more than 6 per cent.
However, if the surge in community cases is contained by mid-June and relaxations follow, the economy may still achieve a decent 2021 gross domestic product (GDP) growth within the 4-6 per cent range as predicted by the Ministry of Trade and Industry.
Please subscribe or log in to continue reading the full article.
Get unlimited access to all stories at $0.99/month
- Latest headlines and exclusive stories
- In-depth analyses and award-winning multimedia content
- Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*
*Terms and conditions apply.
More...