Economics
Singapore 2019 Economic Growth Outlook Lowered to 2% by IMF
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The International Monetary Fund sees Singapore’s economic growth slowing to 2% in 2019 as global trade tensions hurt external demand.
Growth will probably stabilize in the “medium term” around 2.5%, the Washington-based lender said in statement. In May, the IMF predicted 2.3% growth for Singapore in 2019, down from 3.2% in 2018.