SINGAPORE – Singapore’s economic system may be much less straight impacted by the conflict in Ukraine or the sanctions on Russia, however a possible hit to international progress and rising inflation can ultimately put a dent on its financial outlook.
Russia represents a somewhat small share of world gross home product (GDP) at about 1.6 per cent, and it isn’t one in every of Singapore’s main buying and selling companions.
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The post Singapore economic system in danger if Russia-Ukraine disaster hits international progress and drives inflation up appeared first on Umorr.
