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News : Business

Singapore cuts growth outlook to near zero

By Bloomberg
17 Aug 2019   |   5:36 pm   |  
Singapore’s government revised down its forecast for economic growth. The city state expects its economy to grow 0.0%-1.0% this year, down from a previous projection of 1.5%-2.5%. In the second quarter GDP contracted an annualized 3.3%. Bloomberg Opinion columnist Daniel Moss breaks down the numbers on "Bloomberg Daybreak: Asia."


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