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Singapore
Singapore is ADB's 29th largest shareholder. It has contributed $190.05 million in capital subscription and $10.44 million to special funds since joining in 1966.
Asian Development Outlook 2010: Singapore [ PDF ]Global headwinds buffeted this export-oriented economy in 2009. The slump in trade and dwindling capital flows knocked down private consumption and investment. Fiscal and monetary stimulus policies went some way to temper the contraction in GDP. Growth is forecast to rebound strongly this year, as the impact of the pickup in global trade and finance spreads through the economy. |
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