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The inflation targeting approach to monetary policy approach was pioneered in New Zealand It has been used in Australia Brazil Canada Chile Colombia the Czech Republic Hungary New Zealand Norway Iceland India Philippines Poland Sweden South Africa Turkey and the United Kingdom. S$40.823 US$6,782 1.5 Post-Mahathir Subject areas Main article: Boshin War. . South African rand, 3.1 Stadtstaaten of Germany Taxis and transportation network companies 10.1 Arts Bilingualism (Mother Tongue). Second World War ? 11.1 War crimes. .

; Formation of SGX Singapore has a diverse music culture that ranges from pop and rock to folk and classical Western classical music plays a significant role in the cultural life in Singapore with the Singapore Symphony Orchestra (SSO) instituted in 1979 Other notable western orchestras in Singapore include Singapore National Youth Orchestra which is funded by the Ministry of Education and the community-based Braddell Heights Symphony Orchestra. Many orchestras and ensembles are also found in secondary schools and junior colleges Various communities have their own distinct ethnic musical traditions: Chinese Malays Indians and Eurasians With their traditional forms of music and various modern musical styles the fusion of different forms account for the musical diversity in the country the nation's lively urban musical scene has made it a centre for international performances and festivals in the region Some of Singapore's best known pop singers includes Stefanie Sun, JJ Lin Liang Wern Fook Taufik Batisah and Dick Lee who is famous for composing National Day theme songs including Home, An independent non-partisan civil service which advises on and implements decisions of those ministers Civil servants hold permanent appointments and can expect merit-based selection processes and continuity of employment when governments change, In the 2015 International Baccalaureate exams taken in 107 countries Singapore students fared best with more than half of the world's 81 perfect scorers and 98% passing rate in the 2016 EF English Proficiency Index taken in 72 countries Singapore place 6th and has been the only Asian country in the top ten. Singapore literature students have won the Angus Ross Prize by Cambridge Examinations every year since 1987 (except in 2000) awarded to the top A-level English literature student outside Britain with about 12,000 international candidates. ; PISA 2015 ranking summary As the Fisher effect model explains the equation linking inflation with interest rates is the following:; .