scorecardresearchSingapore Says GDP Outlook Challenged by War, Covid Shocks

Singapore Says GDP Outlook Challenged by War, Covid Shocks

Updated: 25 May 2022, 08:09 AM IST
TL;DR.
Singapore sees its economy expanding at the lower end of its expected range this year as the war in Ukraine and sustained supply chain disruptions due to Covid-19 weigh on the outlook for the trade-reliant city-state.
Josephine Teo, Singapore's communications minister, during a panel session on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Monday, May 23, 2022. The annual Davos gathering of political leaders, top executives and celebrities runs from May 22 to 26. Photographer: Hollie Adams/Bloomberg

Josephine Teo, Singapore's communications minister, during a panel session on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Monday, May 23, 2022. The annual Davos gathering of political leaders, top executives and celebrities runs from May 22 to 26. Photographer: Hollie Adams/Bloomberg