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MAS MACROECONOMIC REVIEW

Watchers expect Budget fillip, with output gap set to worsen in 2020

Economy is expected to perform below potential into 2020, so expansionary stance is expected

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Public spending may give less of a boost to the economy this year than earlier expected, going by data in the central bank's twice-yearly report released on Wednesday.

Singapore

PUBLIC spending may give less of a boost to the economy this year than earlier expected, going by data in the central bank's twice-yearly report released on Wednesday.

But, with Singapore's economy expected to perform below its potential even into the new year, watchers...

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