SINGAPORE -- The Singaporean government on Wednesday forecast a growth rate of 3% to 5% for 2022, predicting a continued rebound from COVID-19 as global borders gradually reopen and domestic restrictions ease.
The projected expansion, however, is slower than this year's forecast of "around 7%" -- a slight upgrade from the previous "6% to 7%" projection, after a 5.4% contraction in 2020.