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Singapore: Economic growth higher than predicted

Singapore’s Prime Minister Lee Hsien Loong on December 31 announced that the country saw economic growth of 3.7 percent in 2013 on the back of the globe’s stabilising economic environment.
Singapore’s Prime Minister Lee Hsien Loong on December 31 announced thatthe country saw economic growth of 3.7 percent in 2013 on the back ofthe globe’s stabilising economic environment.

It ishigher than the rate of 2.5-3.5 percent that the PM predicted in Augustwhen the global economy was facing uncertainties.

In his New Year message sent to the media, he also forecast a growth rate of 2-4 percent for the country in 2014.-VNA
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