IMF Gives Rave Reviews for Singapore’s Financial Sector & Economy

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Having just completed its third Financial System Stability Assessment (FSAP) since the IMFs last review in 2013; The Monetary Authority of Singapore (MAS) has announced the findings of their most recent evaluation of the Singapore economy by the International Monetary Fund (IMF).

The IMF only had glowing remarks, stating that “the overall sector is resilient with healthy buffers to healthily withstand any adverse shocks” and have reaffirmed Singapore’s financial sector oversight to be ‘among the best globally and strong economic fundamentals and sound economic policies.