Singapore's Tharman to stay on as head of IMF advisory body

Tharman Shanmugaratnam Singapore deputy prime minister and minister of finance

Singapore's minister of finance and former head of the Monetary Authority of Singapore (MAS), Tharman Shanmugaratnam, will serve a fourth year as chairman of the International Monetary and Financial Committee (IMFC) after the 24 members of the IMF advisory body asked him to extend his term.

The IMFC, made up of finance ministers and central bank governors, is the IMF's policy advisory committee. It deliberates on the principal policy issues facing the IMF and the international monetary and finan

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