Written Reply on Pre-Emptive Monetary Policy Adjustments for Energy Cost Inflation
Summary
The Monetary Authority of Singapore (MAS) has responded to Parliamentary Question regarding plans for pre-emptive monetary policy adjustments to address energy cost-driven inflation. MAS states it is currently assessing its monetary policy stance and will release its upcoming Monetary Policy Statement on 14 April 2026, at which time the inflation outlook for 2026 will be updated.
“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.”
What changed
This parliamentary reply confirms that MAS is reviewing its monetary policy stance in response to energy cost inflation concerns but has not announced any specific policy changes. The reply serves as an informational update indicating that concrete policy details will be provided in the scheduled Monetary Policy Statement release on 14 April 2026.
Affected parties, including financial institutions and businesses operating in Singapore, should monitor for the forthcoming Monetary Policy Statement release on 14 April 2026. No immediate compliance obligations or policy shifts are created by this reply itself. Any monetary policy adjustments resulting from MAS's current assessment will be disclosed in the April 14 statement.
Archived snapshot
Apr 21, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Decrease font size Increase font size Print this page Parliamentary Replies Published Date: 07 April 2026
Written reply to Parliamentary Question on pre-emptive adjustments to monetary policy to curb energy cost-driven inflation
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:
- 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.
Mentioned entities
Related changes
Get daily alerts for MAS Media Releases
Daily digest delivered to your inbox.
Free. Unsubscribe anytime.
About this page
Every important government, regulator, and court update from around the world. One place. Real-time. Free. Our mission
Source document text, dates, docket IDs, and authority are extracted directly from MAS.
The summary, classification, recommended actions, deadlines, and penalty information are AI-generated from the original text and may contain errors. Always verify against the source document.
Classification
Who this affects
Taxonomy
Browse Categories
Get alerts for this source
We'll email you when MAS Media Releases publishes new changes.
Subscribed!
Optional. Filters your digest to exactly the updates that matter to you.