MAS renews IMF loan commitment until 2030

It has a maximum limit of $2.23b.

The Monetary Authority of Singapore (MAS) has announced that Singapore will renew its loan commitment to the International Monetary Fund (IMF) under the new arrangements to borrow (NAB).

The renewed commitment will last until 31 December 2030, with a maximum limit of $2.23b (SDR1,297.1m/US$1.76b).

Singapore has been part of the NAB since it began in 1998.

The loan is a standby arrangement and will only be used if the IMF’s main resources are low. It is not a direct loan to other countries.

MAS said the commitment does not affect the government’s budget or reduce Singapore’s Official Foreign Reserves. If drawn, the funds remain part of the reserves.

A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia