During his check out on Jul fourteen, DPM Wong may also sign the Bali Declaration, said MOF.
“The Declaration reinforces responsibility to encourage the adoption and execution of internationally decided standards for taxes transparency for an environmentally friendly mobilisation of domestic resources. This will help combat tax evasion plus support effective domestic administration of fees, ” the ministry said.
In addition , Mr Wong may sign a new memorandum of understanding upon cooperation between Singapore and the Asian Growth Bank, updating the previous one signed this year, MOF said.
The MOU focuses on raising personal capital for infrastructure financing, as well as obtaining new and innovative approaches to address challenges such as climate alter and energy changes in Asia.
Mr Wong will be accompanied by officials in the MOF and the Monetary Authority of Singapore.
Mr Wong previously attended the Second Finance Ministers plus Central Bank Governors Meeting held in the United States in April.