Pre-emptive Measures to Reduce Impact from Any Stagflation or Recession Within Next 24 Months and Effects of Increase in Global Interest Rates

Debated in Parliament on 4 Jul 2022.

Summary written by AI (learn more)

Shawn Huang Wei Zhong asked the Minister for Trade and Industry about Singapore's risk of stagflation or recession within 24 months and the pre-emptive measures to mitigate impacts on businesses and livelihoods.
Desmond Choo questioned how global interest rate increases would affect lending, mortgage rates, and economic growth in Singapore.
Gan Kim Yong stated that these matters had already been addressed in the Ministry of Trade and Industry's combined oral reply to parliamentary questions on 4 July 2022.

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Shawn Huang Wei Zhong

Mr Shawn Huang Wei Zhong asked the Minister for Trade and Industry (a) whether Singapore is at risk of experiencing a stagflation or recession within the next 24 months; and (b) what are the pre-emptive measures taken to reduce the impact on businesses and Singaporean livelihoods.

Desmond Choo

Mr Desmond Choo asked the Minister for Trade and Industry in view of the increase in interest rates globally, how will lending and mortgage rates, as well as economic growth, be affected.

Gan Kim Yong

This has been addressed in MTI's combined oral reply to Questions 21, 22, and 23 on the Order Paper for 4 July 2022.

Summary written by AI (learn more)

Shawn Huang Wei Zhong asked the Minister for Trade and Industry about Singapore's risk of stagflation or recession within 24 months and the pre-emptive measures to mitigate impacts on businesses and livelihoods.
Desmond Choo questioned how global interest rate increases would affect lending, mortgage rates, and economic growth in Singapore.
Gan Kim Yong stated that these matters had already been addressed in the Ministry of Trade and Industry's combined oral reply to parliamentary questions on 4 July 2022.

Questions identified by AI (learn more)

Pre-emptive Measures to Reduce Impact from Any Stagflation or Recession Within Next 24 Months and Effects of Increase in Global Interest Rates | PAPERCUTS

Pre-emptive Measures to Reduce Impact from Any Stagflation or Recession Within Next 24 Months and Effects of Increase in Global Interest Rates

Debated in Parliament on 4 Jul 2022.

Summary written by AI (learn more)

Shawn Huang Wei Zhong asked the Minister for Trade and Industry about Singapore's risk of stagflation or recession within 24 months and the pre-emptive measures to mitigate impacts on businesses and livelihoods.
Desmond Choo questioned how global interest rate increases would affect lending, mortgage rates, and economic growth in Singapore.
Gan Kim Yong stated that these matters had already been addressed in the Ministry of Trade and Industry's combined oral reply to parliamentary questions on 4 July 2022.

Questions identified by AI (learn more)

Full Transcript

Shawn Huang Wei Zhong

Desmond Choo

Mr Desmond Choo asked the Minister for Trade and Industry in view of the increase in interest rates globally, how will lending and mortgage rates, as well as economic growth, be affected.

Gan Kim Yong

This has been addressed in MTI's combined oral reply to Questions 21, 22, and 23 on the Order Paper for 4 July 2022.

Summary written by AI (learn more)

Shawn Huang Wei Zhong asked the Minister for Trade and Industry about Singapore's risk of stagflation or recession within 24 months and the pre-emptive measures to mitigate impacts on businesses and livelihoods.
Desmond Choo questioned how global interest rate increases would affect lending, mortgage rates, and economic growth in Singapore.
Gan Kim Yong stated that these matters had already been addressed in the Ministry of Trade and Industry's combined oral reply to parliamentary questions on 4 July 2022.

Questions identified by AI (learn more)

Pre-emptive Measures to Reduce Impact from Any Stagflation or Recession Within Next 24 Months and Effects of Increase in Global Interest Rates

Summary

Questions Identified

Full Transcript

Shawn Huang Wei Zhong

Desmond Choo

Gan Kim Yong

Summary

Questions Identified

Pre-emptive Measures to Reduce Impact from Any Stagflation or Recession Within Next 24 Months and Effects of Increase in Global Interest Rates

Summary

Questions Identified

Full Transcript

Shawn Huang Wei Zhong

Desmond Choo

Gan Kim Yong

Summary

Questions Identified