SINGAPORE (July 17): The economic and health crisis brought about by the Covid-19 pandemic will have quite some ways to go. “We are not at the beginning of the end,” says Ravi Menon, managing director of the Monetary Authority of Singapore (MAS). “But rather [we are] at the end of the beginning,” he stressed in an online media briefing on July 16 which was held in conjunction with the release of the central bank’s annual report this year.

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