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Singapore trims 2023 GDP growth to 1.1% amid shaky exports

SINGAPORE -- Singapore on Thursday revised its economic growth rate for 2023 to 1.1% for the year, down from a preliminary estimate of 1.2% after weak exports in December.

The latest figure comes a day before the government unveils its budget for 2024, which is widely expected to help citizens cope with rising costs of living.

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