This web page presents information about the work of the IMF in Singapore, including the activities of the IMF Resident Representative Office. Additional information can be found on the Singapore and IMF country page, including IMF reports and Executive Board documents that deal with Singapore .

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Singapore: At a Glance

  • Current IMF membership: 190 countries
  • Singapore joined the Fund on August 3, 1966; Article VIII
  • Quota: 3891.9 million
  • The last Article IV Executive Board Consultation was on August 23, 2023  (Country Report 23/314)

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News and Highlights

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Singapore and the IMF


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Regional Economic Outlook for Asia and Pacific

April 29, 2024

April 2024 Regional Economic Outlook for Asia and Pacfic

Steady Growth amid Diverging Prospects

Growth in Asia and the Pacific outperformed expectations in late 2023, reaching 5.0 percent for the year. Inflation has continued to decline, albeit at varying speeds: some economies are still seeing sustained price pressures, while others are facing deflationary risks.In 2024, growth is projected to slow modestly to 4.5 percent. Near-term risks are now broadly balanced, as global disinflation and the prospect of monetary easing have increased the likelihood of a soft landing. Spillovers from a deeper property sector correction in China remain an important risk, however, while geoeconomic fragmentation clouds medium-term prospects. Given the diverse inflation landscape, central bank policies need to calibrate policies carefully to domestic needs. Fiscal consolidation should accelerate to contain debt burdens and debt service cost, in order to preserve budgetary space for addressing structural challenges, including population aging and climate change.
Read the Report