Question

Pls do not handwrite the answer, this is for easy reading

Question 2:-

2. Analyse and discuss the steps that MAS can take to ensure the stability and the sounded of the financial system?

list 2 example to support your saying

Answer 1

On January 2018 inflation hit a 26 year high of 6.6 %, a lot of inflation can be attributed to domestic factors and a very impressive domestic growth which suggests that current monetary policy that Singapore has is not well suited to address these challenges. Monetary Authority of Singapore needs to bring in policy framework to address these problems. 2017 was the costliest year on record for total economics losses up to around $344 billion. There should be collective action by all stakeholder across the financial system – regulator, corporates, investors, policymaker and civic organization.