Singapore expects growth in 2023: PM Lee

20 Aug 2023 • 8:16 PM MYT
The Sun Daily
The Sun Daily

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SINGAPORE: Singapore is keeping up economically and the city-state expects to see economic growth this year, Prime Minister Lee Hsien Loong said on Sunday.

Lee in his annual policy address called the National Day Rally warned Singaporeans that global warming will affect food production and global prices.

He said he hopes the country will avoid a recession but said inflation, although it has tapered, will remain “higher than what we are used to”. - Reuters