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Singapore’s 2022 GDP growth forecast lowered to 3.8 pct

SINGAPORE, June 8 (Xinhua) — The Monetary Authority of Singapore (MAS) announced in a report on Wednesday that economists and analysts polled in the Survey of Professional Forecasters expect Singapore’s Gross Domestic Product (GDP) to expand by 3.8 percent in 2022.

This is 0.2 points lower than the 4-percent GDP forecast in the previous survey report released by MAS in March.

In the current survey, the r