Singapore economy expected to grow faster than 6 per cent in 2021

MAS said that Singapore's economic growth is likely to exceed the upper end of the 4 per cent to 6 per cent official growth forecast. - ST

SINGAPORE (The Straits Times/ANN): Singapore's economy has almost recovered the output lost during the first half of 2020, although its growth momentum eased in the first quarter of this year.

But while the outlook for Singapore's economy has improved, projected growth outcomes across sectors have become even more lopsided than previously predicted, the Monetary Authority of Singapore (MAS) noted in its biannual macroeconomic review released on Wednesday (April 28).