SINGAPORE – Prime Minister Lee Hsien Loong, Emeritus Senior Minister Goh Chok Tong and President-elect Tharman Shanmugaratnam offered their condolences to the family of Singapore’s longest-serving finance minister Richard Hu, whoIn a Facebook post on Saturday, PM Lee said he was “deeply saddened” by the passing of “a close colleague and friend for many years” and paid tribute to Dr Hu, who was finance minister from 1985 to 2001.
In 1984, Dr Hu was elected MP for Kreta Ayer while PM Lee was elected as MP for Teck Ghee. Dr Hu was made trade and industry minister, while PM Lee was appointed as minister of state for trade and industry as well as defence.He added: “He joined the GIC Board when it was first formed in 1981 and was its first private sector member. When GIC’s real estate arm, GIC RE, was corporatised into a separate entity in 1999, he was concurrently appointed its chairman.
Under Dr Hu’s leadership, MAS established its credentials for stringent supervision and regulation of the financial sector, and sound monetary policy, said PM Lee.“Throughout, MAS steadfastly maintained its exchange rate-centred monetary policy, emphasising the role of a stable Singapore dollar in preserving the purchasing power of Singaporean households, and saw off a few speculative attacks on the exchange rate.
He added: “Under his prudent management, these surpluses steadily accumulated in our reserves, to become the unique resource that Singapore can now rely upon, both for routine Budget spending, and in crises with the permission of the president.”
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Singapore's longest-serving finance minister Richard Hu dies aged 96SINGAPORE — Dr Richard Hu, who served as Singapore's Finance Minister for 16 years, died on Friday (Sept 8). He was 96.
مصدر: TODAYonline - 🏆 1. / 99 اقرأ أكثر »
Singapore's longest-serving finance minister Richard Hu dies aged 96Deputy Prime Minister Lawrence Wong and Deputy Prime Minister Heng Swee Keat paid tribute to Dr Hu, who was Singapore's Finance Minister from 1985 to 2001.
مصدر: ChannelNewsAsia - 🏆 6. / 66 اقرأ أكثر »
PM Lee pays tribute to Richard Hu, says Singapore owes its gratitude to late finance ministerSINGAPORE — Prime Minister Lee Hsien Loong on Saturday (Sep 9) paid tribute to the late Dr Richard Hu, saying the country owed the former finance minister its gratitude for a 'lifetime of contribution and service to nation'. Dr Hu, who was Finance Minister from 1985 to 2001, died on Friday at the age of
مصدر: TODAYonline - 🏆 1. / 99 اقرأ أكثر »
PM Lee pays tribute to Richard Hu, says Singapore owes its gratitude to late finance ministerSINGAPORE: Prime Minister Lee Hsien Loong on Saturday (Sep 9) paid tribute to the late Dr Richard Hu, saying the country owed the former finance minister its gratitude for a 'lifetime of contribution and service to nation'. Dr Hu, who was Finance Minister from 1985 to 2001,
مصدر: ChannelNewsAsia - 🏆 6. / 66 اقرأ أكثر »
Singapore leaders express condolences after death of Republic’s longest-serving Finance MinisterPrime Minister Lee Hsien Loong, Emeritus Senior Minister Goh Chok Tong and President-elect Tharman Shanmugaratnam offered their condolences to the family of Singapore’s longest-serving finance minister Richard Hu, who died on Friday at 96. In a Facebook post on Saturday,...
مصدر: thenewpaper - 🏆 7. / 63 اقرأ أكثر »
'His wisdom and foresight shaped our key policies': Tributes pour in following death of ex-finance minister Richard HuSINGAPORE – Former Cabinet minister and Singapore’s longest-serving finance minister Richard Hu Tsu Tau died on Friday. He was 96. His death was disclosed in a Facebook post on Friday night by Deputy Prime Minister Lawrence Wong. Mr Wong noted that Dr Hu was Singapore’s longest-serving finance minister. Dr Hu had held the post from 1985 to 2001. “He stewarded...
مصدر: asiaonecom - 🏆 10. / 59 اقرأ أكثر »