Outlook for 2009-10 ?Despite recently proposed political reform, the ruling People's Action Party (PAP) wi..."> Outlook for 2009-10 ?Despite recently proposed political reform, the ruling People's Action Party (PAP) wi..."/>
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"Country Report Singapore

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Outlook for 2009-10 ?Despite recently proposed political reform, the ruling People's Action Party (PAP) will remain the dominant force in politics in 2009-10. However, it will face challenges to its authority and popularity amid the economic downturn. ?The government will rely on a policy of fiscal expansion to reduce the impact of the global recession on the domestic economy. The government's reserves are plentiful,enabling it to raise spending. ?The Monetary Authority of Singapore (the central bank) will keep monetary policy loose by allowing the Singapore dollar to sty relatively weak. However. it will not permit a rapid drop in the currency's value. ?Singapore's export-dependent economy in forecast to contract by 6% in 2009. It will grow by 3.6% in 2010, benefiting from a recovery in the global economy and from fiscal stimulus. ?Singapore will experience mild deflation in 2009, owing to the forecast contraction in domestic demand and falling global prices for oil and industrial raw materials. Prices will rise in 2010, but only marginally. ?Despite the forecast drop in export revenue, a contraction in imports will ensure that the current account remains in surplus 2009-10.

Ketersediaan
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1983.1"
Tersedia
Informasi Detail
Judul Seri
-
No. Panggil
330.959.570.5 Eco c
Penerbit
United Kingdom : Economist Intelligence Unit.,
Deskripsi Fisik
38 Hal. ; 27 x 21cm.
Bahasa
English
ISBN/ISSN
0269-6711
Klasifikasi
-
Tipe Isi
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Tipe Media
-
Tipe Pembawa
-
Edisi
-
Subjek
Economic Report - Singapore
Info Detail Spesifik
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Pernyataan Tanggungjawab
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