
MAS's Menon calls on Asian countries to boost IMF resources

Ravi Menon, the managing director of the Monetary Authority of Singapore (MAS), on January 31 said Asian countries will need to play an increasingly prominent role in international financial institutions such as the International Monetary Fund (IMF) as the centre of economic gravity moves eastwards.
At the opening ceremony of the Asean+3 Macroeconomic Research Office MAS Penthouse in Singapore, Menon said: "In today's precarious situation, it is in Asia's interest that the resources of the IMF
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