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Singapore initiatives GDP development to ease in 2023 amid world slowdown

Singapore projects GDP growth to ease in 2023 amid global slowdown The three.5% projection for 2022 was narrowed from an earlier vary of three% to 4% by the Ministry of Commerce and Trade (MTI). The ministry stated gross home product (GDP) grew 4.1% year-on-year within the third quarter, under the 4.4% development seen within the authorities#39;s advance estimate.