Economy / Singapore
Macroeconomic Forecast Singapore
June 2006 | Macroeconomic ForecastsBMI View: Strong global growth this year, with the US expected to grow by an above trend 3.5% together with buoyant demand for electronics, which make up just under half of non-oil domestic exports, will translate into a strong 2006 for Singapore's trade dependant economy. Domestic demand should also remain robust and help growth to 6.3% this year. Growth will average 5.3% in the next five years, as the shift towards high-end manufacturing and services
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