Singapore’s economy grew 4.3% in 2024, outperforming expectations, but challenges loom for 2025
SINGAPORE: Singapore’s economy outperformed expectations in 2024, but economists are warning that 2025 could be more challenging. According to the Ministry of Trade and Industry (MTI), the economy grew by 4.3 per cent in the fourth quarter of 2024 compared to the same period in the previous year.
In his New Year's greeting, Prime Minister Lawrence Wong stated that Singapore's economic growth in 2024 exceeded forecasts.
The Government in November said it expects 2025 growth to slow to 1 per cent to 3 per cent. Read more at straitstimes.com.
SINGAPORE: Singapore's economy grew at a slower pace in the last quarter of 2024, growing 4.3 per cent compared with the same ...
The Manila Times on MSN2d
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The Ministry of Trade and Industry forecasts real GDP growth will range from 1 per cent to 3 per cent in 2025. Read more at ...
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