Singapore: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Singapore
Electronic Access:
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Summary:
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.
Series:
Country Report No. 2021/156
Subject:
COVID-19 External position Financial sector policy and analysis Financial soundness indicators Fiscal policy Health Inflation International investment position International organization Monetary policy Prices
Frequency:
regular
English
Publication Date:
July 16, 2021
ISBN/ISSN:
9781513586038/1934-7685
Stock No:
1SGPEA2021001
Pages:
83
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