(Source: IMF - International Monetary Fund) July 29, 2016 July 25, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Singapore. Singapore's economy continues to perform well despite being impacted by a combination of cyclical and structural factors, originating both at home and abroad. Growth moderated from 3.3 percent in 2014 to 2 percent in 2015, and it was 2.2 percent in the first half of 2016. Unemployment has remained low, but net employment generation slowed rapidly in 2015 and headline inflation has stayed below zero since late 2014. In response, macroeconomic policies have become more accommodative, spearheaded by...
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