21 Jul 2008
July 21 (Bloomberg) -- Singapore expects a ``strong'' pipeline of foreign investments and projects to boost growth and the economy isn't facing stagflation, S. Iswaran, minister of state for trade and industry, said in Parliament today.Iswaran was responding to a lawmaker's question on the ``prospect of stagflation,'' or a period of inflation and slow growth, affecting Singapore. The question was posed as inflation accelerated to a 26-year high in the country.
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