Singapore may take 'some quarters' to bounce back from 2020 recession
Covid-19 erases previous economic gains since 2016; weak recovery likely in H2 but many uncertainties remain
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Singapore
ALL eyes are now on Deputy Prime Minister Heng Swee Keat's arsenal of fiscal bazookas, as the Covid-19 pandemic drags the economy towards its worst recession since independence.
That's as the deadly novel coronavirus, which reached Singapore's shores in January, has done enough damage in just half a year to wipe out economic gains since 2016.
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