News analysis

Expansionary Budget, growth in services may ease trade war risks

ST PHOTO: LIM YAOHUI

Singapore's advance growth estimates are a sign that the economy could be set to expand at a relatively faster pace in the new year.

A large part of the calculus for future performance rests on a generous Budget, slated for next month, and further de-escalation of the United States-China trade war.

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A version of this article appeared in the print edition of The Straits Times on January 03, 2020, with the headline 'Expansionary Budget, growth in services may ease trade war risks'. Subscribe