Ravi Menon: MAS' Annual Report 2015/16

Speech

Ravi Menon: MAS' Annual Report 2015/16

By Bank for International Settlements (BIS)

In this 2016 annual review, MAS Managing Director Ravi Menon outlines Singapore’s response to a "lacklustre" global economy characterized by Brexit uncertainties, a sluggish U.S. recovery, and China’s structural rebalancing. Despite these external pressures, Menon reports that Singapore maintained a steady GDP growth of 2.2% in the first half of 2016.

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