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Singapore's GDP grows 0.2% in Q1

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Singapore, Apr 14 (EFE/EPA).- Singapore's gross domestic product (GDP) grew by 0.2% in the first quarter of 2021, the first expansion of the economy of the city-state since the start of the Covid-19 pandemic."The expansion is a strong signal that our economy is slowly but surely recovering from the unprecedented impact of Covid-19 last year," Trade and Industry Minister Chan Chun Sing said on Facebook after the release of the data.The Asian nation, whose GDP shrank by 5.8% in 2020, has come out of recession, according to preliminary data announced by the Singaporean Ministry of Trade and Industry on Wednesday. (Camera: WALLACE WOON).B-ROLL OF SINGAPORE.

Added on the 14/04/2021 14:00:00 - Copyright : EFE Inglés

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