Grants to IMF's Catastrophe Containment and Relief Trust

Debated in Parliament on 10 Nov 2016.

Summary written by AI (learn more)

The Minister for Education and Second Minister for Defence moved a resolution to authorize grants to the IMF's Catastrophe Containment and Relief Trust.
The proposed maximum grant amount is 226,000 Special Drawing Rights, approximately equivalent to 311,781 US Dollars.
The resolution is made under the Bretton Woods Agreements Act, with the Monetary Authority of Singapore acting on behalf of the Singapore Government.
No other members spoke during the debate, and the motion was put to a vote and agreed to.
Parliament formally resolved to approve the stated grant amount for the IMF trust, as proposed by Mr Ong Ye Kung.

Questions identified by AI (learn more)

No questions identified

This could be because the debate type doesn't typically include questions, or it hasn't been processed yet.

Full Transcript

The Minister for Education (Higher Education and Skills) and Second Minister for Defence (Mr Ong Ye Kung)

Mdm Speaker, on behalf of the Deputy Prime Minister and Minister in Charge of the Monetary Authority of Singapore, I beg to move, "That this Parliament, in accordance with section 6A(2)(d) of the Bretton Woods Agreements Act (Chapter 27 of the 2012 Revised Edition), resolves that the maximum amount of grants that the Monetary Authority of Singapore may give under the bilateral agreement (or its subsequent variations) to be made by the Monetary Authority of Singapore (on behalf of the Government of the Republic of Singapore) with the International Monetary Fund to support the Catastrophe Containment and Relief Trust, is 226,000 Special Drawing Rights (approximately 311,781 United States Dollars)." Madam, I beg to move.

Mdm Speaker

Is there anyone who wishes to speak? No.

Question put, and agreed to.

Resolved, "That this Parliament, in accordance with section 6A(2)(d) of the Bretton Woods Agreements Act (Chapter 27 of the 2012 Revised Edition), resolves that the maximum amount of grants that the Monetary Authority of Singapore may give under the bilateral agreement (or its subsequent variations) to be made by the Monetary Authority of Singapore (on behalf of the Government of the Republic of Singapore) with the International Monetary Fund to support the Catastrophe Containment and Relief Trust, is 226,000 Special Drawing Rights (approximately 311,781 United States Dollars)." – [Mr Ong Ye Kung]

Summary written by AI (learn more)

The Minister for Education and Second Minister for Defence moved a resolution to authorize grants to the IMF's Catastrophe Containment and Relief Trust.
The proposed maximum grant amount is 226,000 Special Drawing Rights, approximately equivalent to 311,781 US Dollars.
The resolution is made under the Bretton Woods Agreements Act, with the Monetary Authority of Singapore acting on behalf of the Singapore Government.
No other members spoke during the debate, and the motion was put to a vote and agreed to.
Parliament formally resolved to approve the stated grant amount for the IMF trust, as proposed by Mr Ong Ye Kung.

Questions identified by AI (learn more)

No questions identified

This could be because the debate type doesn't typically include questions, or it hasn't been processed yet.

Grants to IMF's Catastrophe Containment and Relief Trust | PAPERCUTS

Grants to IMF's Catastrophe Containment and Relief Trust

Debated in Parliament on 10 Nov 2016.

Summary written by AI (learn more)

The Minister for Education and Second Minister for Defence moved a resolution to authorize grants to the IMF's Catastrophe Containment and Relief Trust.
The proposed maximum grant amount is 226,000 Special Drawing Rights, approximately equivalent to 311,781 US Dollars.
The resolution is made under the Bretton Woods Agreements Act, with the Monetary Authority of Singapore acting on behalf of the Singapore Government.
No other members spoke during the debate, and the motion was put to a vote and agreed to.
Parliament formally resolved to approve the stated grant amount for the IMF trust, as proposed by Mr Ong Ye Kung.

Questions identified by AI (learn more)

No questions identified

This could be because the debate type doesn't typically include questions, or it hasn't been processed yet.

Full Transcript

The Minister for Education (Higher Education and Skills) and Second Minister for Defence (Mr Ong Ye Kung)

Mdm Speaker

Is there anyone who wishes to speak? No.

Question put, and agreed to.

Summary written by AI (learn more)

The Minister for Education and Second Minister for Defence moved a resolution to authorize grants to the IMF's Catastrophe Containment and Relief Trust.
The proposed maximum grant amount is 226,000 Special Drawing Rights, approximately equivalent to 311,781 US Dollars.
The resolution is made under the Bretton Woods Agreements Act, with the Monetary Authority of Singapore acting on behalf of the Singapore Government.
No other members spoke during the debate, and the motion was put to a vote and agreed to.
Parliament formally resolved to approve the stated grant amount for the IMF trust, as proposed by Mr Ong Ye Kung.

Questions identified by AI (learn more)

No questions identified

This could be because the debate type doesn't typically include questions, or it hasn't been processed yet.

Grants to IMF's Catastrophe Containment and Relief Trust

Summary

Questions Identified

Full Transcript

The Minister for Education (Higher Education and Skills) and Second Minister for Defence (Mr Ong Ye Kung)

Mdm Speaker

Summary

Questions Identified

Grants to IMF's Catastrophe Containment and Relief Trust

Summary

Questions Identified

Full Transcript

The Minister for Education (Higher Education and Skills) and Second Minister for Defence (Mr Ong Ye Kung)

Mdm Speaker

Summary

Questions Identified