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Written Reply To Singapore Parliamentary Question On Pre-Emptive Adjustments To Monetary Policy To Curb Energy Cost-Driven Inflation

Date 07/04/2026

Date: For Parliament Sitting on 7 April 2026

 Name and Constituency of Member of Parliament

Mr Fadli Fawzi, Aljunied GRC

Question

Mr Fadli Fawzi: To ask the Prime Minister and Minister for Finance whether the MAS has any plans to make pre-emptive adjustments in its monetary policy to curb inflation driven by higher energy costs.

Answer by Mr Gan Kim Yong, Deputy Prime Minister and Minister for Trade and Industry, and Chairman of MAS:

1. The Monetary Authority of Singapore is currently assessing its monetary policy stance and will release its upcoming Monetary Policy Statement next week as scheduled, on 14 April. The inflation outlook for 2026 will be updated.