Singapore upgrades 2021 GDP outlook as vaccinations gain pace ...Middle East

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Singapore upgrades 2021 GDP outlook as vaccinations gain pace
source : Devdiscourse ( Middle East ) () 19
Singapore's bellwether economy expanded more than initially estimated in the second quarter and the government raised its forecast for 2021 as COVID-19 vaccinations progressed at home and in other key markets. Gross domestic product (GDP) is forecast to grow 6% to 7% in 2021, versus a prior estimate for an expansion of 4 to 6%, the Ministry of Trade and Industry said.

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