Statement by IMF Managing Director Dominique Strauss-Kahn at the Conclusion of his Visit to Singapore

Press Release No. 09/409
November 14, 2009

Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), visited Singapore on November 12-14, 2009. He issued the following statement at the conclusion of his visit:

“I want to thank the Singaporean authorities for their gracious hospitality. During my visit, I participated in the 16th Asia Pacific Economic Cooperation (APEC) Finance Ministers Meeting. Discussions there focused on the key challenges facing the world economy and APEC economies in the post-crisis period. I also met with Prime Minister Lee Hsien Loong, Minister Mentor Lee Kuan Yew, Finance Minister Tharman Shanmugaratnam, Monetary Authority of Singapore (MAS) Managing Director Heng Swee Keat, along with other senior officials and business representatives from the region. Our discussions allowed me fresh insights on Asia’s role in the global economy now and in the future. In addition, Finance Minister Tharman and I co-hosted an informal meeting of senior policymakers from Asia to exchange views on the challenges facing the region in the period ahead. I was also greatly honored to give the MAS Lecture, which emphasized Asia’s important role in helping to reshape the post-crisis global economy.

“In Singapore, discussions were also held toward establishing a Regional Advisory Group for the IMF. Through this group, the IMF will seek advice from eminent persons from the region on the challenges facing Asia and how the Fund might best assist in meeting them.”



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