MAS warns of slowdown while gifting $33b to GIC

Jun 27, 2019

The Singaporean central bank has shifted a healthy slice of its reserves to the sovereign wealth fund, ahead of an expected economic slowdown amid slowing global trade.

MAS warns of slowdown while gifting $33b to GIC

Singapore’s central bank governor has just warned that the world could be set to experience of the worst economic periods since 2008’s global financial crisis.

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