Singapore: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Singapore
Download or Read eBook Singapore: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Singapore PDF written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2021-07-16 with total page 83 pages. Available in PDF, EPUB and Kindle.
| Author | : International Monetary Fund. Asia and Pacific Dept |
| Publisher | : International Monetary Fund |
| Total Pages | : 83 |
| Release | : 2021-07-16 |
| ISBN-10 | : 9781513586038 |
| ISBN-13 | : 1513586033 |
| Rating | : 4/5 (38 Downloads) |
Book Synopsis Singapore: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Singapore by : International Monetary Fund. Asia and Pacific Dept
Book excerpt: Singapore entered the COVID-19 pandemic with sizable policy space and robust economic policy frameworks, yet facing longer-term challenges. The economy has been severely impacted by the pandemic, but a bold, comprehensive, and coordinated policy package has helped cushion the economic fallout. Following a record contraction in the first half of 2020, activity has rebounded, and growth is projected to strengthen to 6 percent in 2021, underpinned by a recovery in domestic demand and a positive contribution from net exports. The uncertainty surrounding the outlook is larger than usual.
