Ravi Menon, managing director of the Monetary Authority of Singapore (MAS) announced that Singapore’s GDP growth could exceed the upper end of the 4% to 6% range that was forecasted by the Ministry of Trade and Industry (MTI).

This is, of course, with the exception of any setbacks to the global economy.

Menon made these remarks in his virtual speech at the MAS Annual Report 2020/2021 on June 30.

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