Singapore Forecasts Lower Budget Deficit

RTTNews, 22 Feb 2010
Monday, Singapore's Finance Minister Tharman Shanmugaratnam said in his budget statement that economic growth is expected to be around 4.5% to 6.5% in 2010. The government now estimate a lower overall budget deficit of S$2.9 billion or 1.1% of GDP for fiscal year 2009 ending March 31 this year, compared with the S$8.7 billion deficit a year ago. Full Story


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Singapore winds down economic stimulus in budget - ForexYard