Singapore Has Room to Stimulate the Economy, Says Scotiabank’s McCully

Singapore Has Room to Stimulate the Economy, Says Scotiabank’s McCully

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Interactive Video

Business, Social Studies

University

Hard

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The video discusses Singapore's economic performance, highlighting a significant contraction in the manufacturing sector due to global demand weakness and trade tensions. The potential for a technical recession is considered, with Singapore having room for fiscal and monetary stimulus. The Monetary Authority's policy decisions are anticipated, with a possible shift towards monetary easing in line with regional trends.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures can Singapore take to stimulate its economy if needed?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected action from the Monetary Authority of Singapore in their upcoming review?

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