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Singapore

SINGAPORE ECONOMY
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Singapore GDP likely to grow but recession, stagflation not ruled out: Lawrence Wong

President Halimah Yacob warns official 3-5% growth forecast could be affected

Sharon See

Sharon See

Published Wed, Mar 23, 2022 · 05:50 AM
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Singapore

SINGAPORE'S baseline assumption is that its economy is still able to grow this year, but a recession or stagflation cannot be ruled out, owing to uncertainties arising from the deepening crisis in Ukraine, said Finance Minister Lawrence Wong on Tuesday (Mar 22).

"It may well …

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