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.
Forecast slower than this year's upgraded projection of 'around 7%'
A stretch of shuttered food stalls in Singapore on Nov. 3: The city-state expects its economy to keep recovering in 2022. © Reuters
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.