Nirmala Sitharaman concludes a four-day Singapore visit focused on investment and financial cooperation
11 October 2026
Union Finance Minister Nirmala Sitharaman concluded her official visit to Singapore from October 8 to 11, 2026. She called on President Tharman Shanmugaratnam and Prime Minister Lawrence Wong. The talks reviewed outcomes of the 4th India–Singapore Ministerial Roundtable (ISMR) and the Comprehensive Strategic Partnership, including the run-up to Singapore's ASEAN Chairmanship in 2027. She attended a luncheon hosted by President Tharman and IMF Managing Director Kristalina Georgieva. With the Monetary Authority of Singapore, the two sides discussed tokenisation of financial assets and central bank digital currencies. She encouraged investors to use the NIIF and GIFT IFSC.
In plain words
ISMR India–Singapore Ministerial Roundtable — A ministerial dialogue between India and Singapore that sets the agenda for their partnership.
GIFT IFSC Gujarat International Finance Tec-City International Financial Services Centre — India's first international financial services centre, at Gandhinagar.
CBDC Central Bank Digital Currency — Digital money issued directly by a central bank.