IMF deputy director Thomas Helbling on Asia's economy forecast, key headwinds
Escalating geopolitical tensions have increased risks to Asia's economy. But the International Monetary Fund (IMF) sees resilience in the Asia Pacific, bumping up growth predictions marginally for this year and next year. Still, its new report warns of headwinds and uncertainties. IMF deputy director in the Asia Pacific department Thomas Helbling shared how these will impact Singapore and the region. He also discussed China's ongoing property market correction and whether any spillover effects on Singapore are expected.
Escalating geopolitical tensions have increased risks to Asia's economy. But the International Monetary Fund (IMF) sees resilience in the Asia Pacific, bumping up growth predictions marginally for this year and next year. Still, its new report warns of headwinds and uncertainties. IMF deputy director in the Asia Pacific department Thomas Helbling shared how these will impact Singapore and the region. He also discussed China's ongoing property market correction and whether any spillover effects on Singapore are expected.
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