Skip to main content

Government officials will never ask you to transfer money or disclose bank log-in details over a phone call.

Call the 24/7 ScamShield Helpline at 1799 if you are unsure if something is a scam.

Ministry of Finance (MOF)
  1. Home
  2. News & Resources
  3. Newsroom
  4. Statement by Mr Tharman Shanmugaratnam, Chairman of the International Monetary and Financial Committee (IMFC)
Press Releases

Statement by Mr Tharman Shanmugaratnam, Chairman of the International Monetary and Financial Committee (IMFC)

21 May 2011

This article has been migrated from an earlier version of the site and may display formatting inconsistencies.

1    "Mr Dominique Strauss-Kahn's resignation as Managing Director (MD) comes after a critical period in the Fund's history, during which he led its effective response to the global financial crisis and carried through institutional reforms to strengthen the Fund's relevance in a new global economic environment.

2    The selection process for a new MD has begun. The challenges we face are pressing, and an early conclusion to the selection process will be advantageous. It is also imperative that the process be open, transparent and merit-based, so as to ensure the selection of a highly capable candidate, with the qualities needed to engage with a broad group of stake-holders internationally and sustain the Fund's active and effective role in global economic management."

Mr Tharman Shanmugaratnam, Chairman of the International Monetary and Financial Committee (IMFC)

Back to top