Analysts at Standrad Chartered are expecting Singapore’s growth to pick up slightly in 2020 from 2019, but remain below trend.
Key Quotes
“Private consumption should remain a key contributor on lukewarm labour-market conditions.”
“Fiscal spending will likely be a supportive growth driver in 2020.”
“We expect the Monetary Authority of Singapore (MAS) to maintain its monetary policy settings in 2020.”
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