Singapore: Section 1 - Data

摘要

1. Singapore defense budget for 2020 grows 3.2 percent nominally year-on-year from 2019, but marks a 2.45 percent reduction from original 2019 allocation 2. Outbreak of novel coronavirus (COVID-19) pushes export-oriented Singaporean economy into sharp recession, with forecasts estimating a contraction ranging from 4-7 percent for 2020 3. U.S. State Department gives formal approval to Singapore's request for a potential foreign military sale of the F-35B Lightning II combat aircraft on January 9, 2020, clearing the way for final contract negotiations