Singapore expected to slightly recover by end of 2009

M&C, 16 Mar 2009
Singapore - Singapore's economy is expected to recover slightly in the final quarter of 2009, just after sliding even deeper into recession during the first three quarters of the year, a survey by the city-state's central bank showed Monday.
A poll of 20 economists and analysts by the Monetary Authority of Singapore in February showed they expect Singapore's gross domestic product (GDP) to fall 8.5 percent in the first quarter 2009 compared to the same period a year ago.
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