SINGAPORE -- Singapore on Thursday revised its economic growth rate for 2023 to 1.1% for the year, down from a preliminary estimate of 1.2% after weak exports in December.
Economy
Singapore trims 2023 GDP growth to 1.1% amid shaky exports
City-state keeps forecast of 1% to 3% expansion in 2024 ahead of budget speech
Singapore announced its revised GDP just before it unveils the budget for 2024, which is widely expected to help citizens cope with rising living costs. © Reuters
Read Next
Latest on Economy
