close
close

MAS will spend $25 million on sustainable finance training

Monetary Authority of Singapore

The Monetary Authority of Singapore

Singapore’s central bank has set aside US$35 million ($25.7 million) to improve workers’ skills in sustainable finance over the next three years.

In a statement, the Monetary Authority of Singapore (MAS) said it had set aside the amount in the Financial Sector Development Fund. The fund had total net assets of S$1.08 billion as of March 31, 2023, and had paid out S$235 million for the financial year, its financial statement showed.

In February 2024, Finance Minister Lawrence Wong told the government