Trade tensions trigger policy shift in Singapore
Edited By WION Video Desk
Published: Apr 14, 2025, 05:20 IST | Updated: Apr 14, 2025, 05:20 IST
Singapore has downgraded its economic growth forecast for the year amid rising global trade tensions. The Ministry of Trade and Industry now expects GDP growth to fall between 0 and 2%—down from earlier estimates. Preliminary data shows that the economy slowed in the March quarter of this year.
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