Singapore cuts growth outlook as virus poses recession risk


SINGAPORE: Singapore on Monday cut its 2020 growth and exports forecasts due to an expected economic blow from the new coronavirus outbreak, flagging the chance of a recession this year.

The South-East Asian city-state has reported 75 cases of the virus to date, one of the highest tallies outside China where it has claimed over 1,700 lives.

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Singapore , covid-19

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