Macroeconomic Forecast Singapore

February 2006 | Macroeconomic Forecasts

We expect Singapore's economy to grow by 5.3% in 2006, which is down on the strong growth in 2005, but still strong. This growth rate will be driven by a favourable external environment, and supported by emerging growth in consumption and investment. Tight monetary policy will serve to slow the growth level, but expansionary fiscal policy will go a little towards counteracting

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