Singapore raises 2021 GDP estimate, now expects 6%-7% growth ...Qatar

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Singapore raises 2021 GDP estimate, now expects 6%-7% growth
Singapore’s economy is set to expand at a faster clip than the government previously expected as the city-state shakes off an uptick in virus cases and looks to re-open more sectors through year-end. Singapore revised its forecast for annual economic growth to 6%-7%, the Ministry of Trade & Industry said Wednesday as it reported final second-quarter data. In its initial second-quarter GDP report last month, the agency had left the annual forecast unchanged at 4%-6%. Among nine economists surveyed by Bloomberg who updated their Singapore GDP forecasts this month, six saw growth exceeding 6%. “Barring a major setback in the global economy, the Singapore economy is expected to continue to see

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