The Straits Times | Risk of technical recession in Singapore has increased, says economist | TheStarTV.com

The Straits Times | Risk of technical recession in Singapore has increased, says economist

Published on 14 Apr 2023 10:04:18 PM

The Monetary Authority of Singapore has left its monetary policy unchanged, pausing a series of tightening moves it began since October 2021 to combat rising inflation.

It comes as the country's GDP grew by just 0.1% year-on-year in the first quarter of 2023.

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Keywords
news, economy, recovery, singapore, gdp, growth, recession, straits times ann, asia news network, asean plus

The Monetary Authority of Singapore has left its monetary policy unchanged, pausing a series of tightening moves it began since October 2021 to combat rising inflation.

It comes as the country's GDP grew by just 0.1% year-on-year in the first quarter of 2023.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, economy, recovery, singapore, gdp, growth, recession, straits times ann, asia news network, asean plus

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