ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Nikkei Markets

IMF urges Singapore banks to strengthen FX liquidity

Income inequality down but government can spend more to tackle aging, climate change

Singapore is the world's third-largest trading center for foreign exchange after New York and London.   © Reuters

SINGAPORE (Nikkei Markets) -- The International Monetary Fund acknowledged Singapore's economic performance over the past two decades but said the government could afford to spend more to tackle issues related to an aging population and climate change.

The fund also recommended that the authorities continue to help strengthen banks' US dollar liquidity.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more