IMF estimates Singapore's annual growth at 2.1 pct

SINGAPORE, May 17 (Xinhua) -- A team from the International Monetary Fund (IMF) said the recovery in manufacturing, tourism, and consumer-facing services would fuel Singapore's GDP growth to 2.1 percent in 2024 from 1.1 percent last year.

Masahiro Nozaki, who led the team in discussions with Singapore from May 7 to May 16, projected the headline and core inflation in Singapore to moderate to 3 percent this year,