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The Ministry of Finance (MOF; Malay: Kementerian Kewangan; Chinese: 财政部; Tamil: நிதி அமைச்சு) is a ministry of the Government of Singapore responsible for managing the fiscal policies and the structure of the economy of Singapore.
The Monetary Authority of Singapore or (MAS), is the central bank and financial regulatory authority of Singapore.It administers the various statutes pertaining to money, banking, insurance, securities and the financial sector in general, as well as currency issuance and manages the foreign-exchange reserves.
This is an accepted version of this page This is the latest accepted revision, reviewed on 3 December 2024. Economy of Singapore Skyline of Singapore's Downtown Core Currency Singapore dollar (SGD/S$) Fiscal year 1 April – 31 March Trade organisations WTO, APEC, CPTPP, IOR-ARC, RCEP, ASEAN and others Country group Developed/Advanced High-income economy Statistics Population 5,917,600 (Jun ...
In March 2019, the Monetary Authority of Singapore, the city-state’s central bank and integrated financial regulator, and the Economic Development Board, a government agency that works to ...
Singapore Finance Minister Lawrence Wong on Friday (18 February) unveiled a Budget aimed at raising revenue to support the economy as the country makes plans for a post-pandemic future.
GIC Private Limited is a Singaporean sovereign wealth fund that manages the country's foreign reserves.Established by the Government of Singapore in 1981 as the Government of Singapore Investment Corporation, from which the acronym "GIC" is derived, its mission is to preserve and enhance the international purchasing power of the reserves, with the aim to achieve good long-term returns above ...
Richard Hu Tsu Tau (Chinese: 胡赐道; 30 October 1926 – 8 September 2023) was a Singaporean politician who served as Minister for Finance between 1985 and 2001. A member of the governing People's Action Party (PAP), he was the Member of Parliament (MP) for Kreta Ayer SMC between 1984 and 1997, and Kreta Ayer–Tanglin GRC between 1997 and 2001.
Wong was the co-chair of a multi-ministerial committee set up by the government in January 2020 to manage the COVID-19 pandemic in Singapore. [3] As Minister for Finance, he has overseen the gradual increase in Goods and Services Tax (GST) which Lee's government has advocated for – 8% in 2023 and 9% in 2024, up from 7% which had been set ...