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Added on the 11/08/2021 14:00:00 - Copyright : EFE Inglés
Singapore, Jul 14 (EFE/EPA).- Singapore's gross domestic product grew by 14.3 percent during the second quarter of 2021 compared to the same period last year, when the city-state's economy recorded its worst-ever contraction due to the impact of tough Covid-19 measures."The strong growth was largely due to the low base in the second quarter of 2020 when GDP fell by 13.3 per cent due to the Circuit Breaker (CB) measures implemented from 7 April to 1 June 2020," the Ministry of Trade and Industry said in a statement on Wednesday. (Camera: ARCHIVE).ARCHIVE FOOTAGE OF PEOPLE'S DAILY LIFE IN SINGAPORE AND B-ROLL OF THE CITY OF SINGAPORE.
Global growth is set to be higher than expected this year, the IMF said Monday, raising its forecast on surprisingly strong consumption and investment while China's lifting of zero-Covid restrictions provides another boost. SOUNDBITE
Singapore, Jul 14 (EFE/EPA).-According to the Ministry of Trade and Industry, Singapore's economy grew by 14.3 percent in the second quarter of 2021 year-on-year. This is attributed to the fall in the GDP last year due to circuit breaker measures implemented at the height of the coronavirus pandemic in Singapore from April until June 2020. (Camera: WALLACE WOON)SHOT LIST: B-ROLL OF SINGAPORE.
Singapore, Apr 28 (EFE/EPA).-The Monetary Authority of Singapore has forecasted a recovery of the country's economy, reporting up to a 6 per cent growth in its GDP. (Camera: WALLACE WOON)SHOT LIST: B-ROLL OF THE MARINA BAY SANDS SHOPPING MALL IN SINGAPORE.
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: ARCHIVE).B-ROLL OF SINGAPORE.