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CB rollback begins soon, but Singapore economy faces long road to recovery

Annabeth Leow
Published Wed, May 20, 2020 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    SINGAPORE is still on track for its worst recession on record, private economists said on Wednesday, after plans were unveiled to exit a two-month quasi-lockdown on June 2.

    With the novel coronavirus still prevalent, the three-stage roadmap to reboot the economy has not moved the needle on analysts' earlier projections of a deep contraction.

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