ANNUAL REPORT 2002 / 2003
Economic Developments and Monetary PolicyIncreasing the Transparency of the Monetary Policy Framework
More efforts were made to improve the transparency of the monetary policy framework and thus to enhance the effectiveness of Singaporeís exchange rate policy. Among the key moves were:
of the Monetary Policy Statement on a semi-annual basis.
Publication of the semi-annual Macroeconomic Review together with the Monetary Policy Statement. The Review contains MASí analysis and assessment of GDP growth and inflation developments in Singapore, as well as in-depth special studies on various issues facing the economy.
Closed-door briefings for the media and private sector analysts on the Macroeconomic Review.
Provision of more information to market players. (See Box 11)
|The Global Economy: Still Waiting for Recovery||International Financial Markets: Uncertainty Takes its Toll||The Singapore Economy: Roller Coaster Ride|
|Neutral Monetary Policy Stance in 2002||Increasing the Transparency of Monetary Policy Framework||In-depth Economic Research and Analysis|
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