30th Anniversary of MAS - prime minister speech

SPEECH - Speech by Prime Minister Goh Chok Tong at the Monetary Authority of Singapore's (MAS) 30th Anniversary Dinner, 20 July.

Introduction

Five years ago, MAS celebrated its 25th Anniversary. A year later, the Asian financial crisis hit us. While Singapore did not escape the contagion effects, we were spared the massive disruptions that affected other economies in the region.

2 The resilience of the Singapore economy during the crisis was attributable in large measure to our sound

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