Singapore will cope better even in event of a second 'circuit breaker'
It remains a very small 'tail risk' economists have yet to factor into their GDP projections; they see impact being less than the first one last year
Singapore
THE risk of even-tighter Covid-19 restrictions, akin to a second "circuit breaker", has risen in recent days, said economists. But it remains a very small "tail risk" that economists have yet to factor into their gross domestic product (GDP) projections.
Furthermore, Singapore is now better equipped to cope in such circumstances, so the impact of a second "circuit breaker" is unlikely to be as great as the original, they added.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
