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Rating Report

Singapore

Tue 13 May, 2025 - 5:08 AM ET

Singapore's exceptionally strong fiscal and external balance sheets, supported by large surpluses and prudent management, mitigate its vulnerability to external shocks. ֳ expects GDP growth to slow to 2.6% in 2025 and 2.4% in 2026. Singapore's positive net international investment position, estimated by authorities at 150% of GDP, is a key credit strength.

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