Published twice a year, the Macroeconomic Review documents the Economic Policy Group’s analysis and assessment of global and domestic economic developments, which form the basis for policy decisions conveyed in the Monetary Policy Statement (MPS).
Singapore’s economic growth prospects for 2023 have become more uncertain amid banking stresses abroad and weakness in the trade-related sectors, says the Monetary Authority of Singapore (MAS).
Since the last quarter of 2022, Singapore’s economy has “slowed discernibly”, weighed down by contractions in the trade-related sectors amid the global manufacturing downturn, says the MAS in its Macroeconomic Review published April 26.
