Tharman named finance minister of the year by Euromoney magazine
Award recognises key architect of Singapore's productivity push
Singapore's push towards greater productivity has won its key architect and spokesman an award for good policymaking.
Finance Minister and Deputy Prime Minister Tharman Shanmugaratnam was named Finance Minister of the Year by Euromoney magazine, a global banking and finance publication. He will receive the award today in a private presentation at the World Bank and International Monetary Fund (IMF) meetings in Washington.
The accolade recognises Mr Tharman's "over-arching role" in shifting Singapore's economic growth model from one dependent on an ever-expanding working population to a steadier platform of increasing productivity, Euromoney said yesterday.
The shift is taking place even while Singapore's status as an innovative trade and financial services hub to diversified export markets is being maintained.