MAS expects Singapore growth to pick up pace in 2024

Though MAS did not put a number to that potential growth rate, most analysts believe it to be around 2% to 3%. — The Straits Times

SINGAPORE: Singapore’s economy is expected to shake off the stagnation it has suffered for most of 2023 and grow at a faster pace in 2024.

Inflation will also ease, though not without a temporary rise, partly due to the upcoming hike in the goods and services tax, the central bank said on Monday.