DPM Tharman to attend IMF meetings in Peru from Oct 8-10

Deputy Prime Minister Tharman Shanmugaratnam.
Deputy Prime Minister Tharman Shanmugaratnam. PHOTO: LIANHE ZAOBAO

SINGAPORE - Deputy Prime Minister Tharman Shanmugaratnam will be heading to Peru this week for meetings of the International Monetary Fund.

As chairman of the Monetary Authority of Singapore (MAS), Mr Tharman will attend the meetings of the International Monetary and Financial Committee, the IMF's policy steering committee, from Oct 8-10.

The meetings will discuss actions to build resilience amidst a more uncertain global environment, MAS and the Ministry of Finance said in a joint statement on Wednesday (Oct 7).

Mr Tharman will be accompanied by officials from MAS and the Ministry of Finance.

The world's finance ministers and central bank governors are gathering in Lima, Peru, this week for the annual meetings of the IMF and World Bank.

At the top of the agenda is how to respond to a cooling global recovery and concerns over a sharper economic slowdown in China and the risks to emerging economies.