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>SINGAPORE'S trade minister said on Tuesday that economic growth this year could be weaker than forecast, as the trade-dependent country suffers from a slowdown in the global economy.
'We believe the growth for this year will come slightly below our earlier projections of 2.5 (per cent),' Mr Lim Hng Kiang told reporters on the sidelines of an Asean trade meeting.
The government pledged to spend $2.3 billion to help firms get credit and said it would run a larger budget deficit to support an economy that it said could shrink 1 per cent in 2009 and at best would expand 2 per cent. -- REUTERS
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