The Pomp Letter
The Pomp Letter
Singapore Announces Their 4th Stimulus Package But They Are Funding These Differently Than Most
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Singapore Announces Their 4th Stimulus Package But They Are Funding These Differently Than Most

1

To investors,

Singapore is widely considered to be one of the most financially prudent nations globally. They have not been immune to the economic impact of COVID-19 though.

In the last few days, Singapore has slashed their GDP projections for the third time this year. They are now anticipating GDP to contract between 4-7% for 2020. The new forecast is i…

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