Home > United Nations Online Network in Public Administration and Finance (UNPAN)
1. Global
Global
2. Africa
Africa
3. Arab States
Arab States
4. Asia & Pacific
Asia & Pacific
5. Europe
Europe
6. Latin America & Caribbean
Latin America & Caribbean
7. North America
North America
UNPAN Asia & Pacific




Public Administration News  
Share
Singapore Economy Seen Growing 15 Percent in 2010
Source: thejakartapost.com
Source Date: Wednesday, September 01, 2010
Focus: Information Access, Government Portal, Citizens’ Service Delivery, E-Government
Country: Singapore
Created: Sep 06, 2010

Singapore's economy will likely expand at a record pace this year as a surge in demand for the city-state's exports fuels manufacturing, according to a central bank survey of analysts.

The city-state's gross domestic product will likely grow 14.9 percent this year, according to the median forecast of 20 economists in the quarterly survey, the Monetary Authority of Singapore said Wednesday.

In the previous survey in June, analysts had expected the economy would grow 9 percent this year.

Singapore's economy - which relies on trade, finance and tourism - will likely be led this year by a 29 percent expansion of the manufacturing sector as non-oil exports soar 20 percent, according to the analysts.
The government boosted its 2010 growth forecast in July to a range of 13 percent to 15 percent after the economy expanded 18 percent in the first half from a year earlier.
News Home

 Tag This
 Tell A Friend
 Favorite
del.icio.us digg this Slashdot
Rate:
0 ratings
Views: 156

Comments: 0 Favorited: 0 Bookmarked: 0 Tagged: 0



0 Comments | Login to add comment

Site map | FAQs | Terms and Privacy | Contact Us
Copyright 2008-2010 by UNPAN - United Nations Public Administration Network