The International Monetary Fund (IMF) has raised its economic growth forecast for Mainland China in 2021 to 8.4 percent, up from 8.1 percent in January.
The International Monetary Fund has worsened its outlook estimates for the Macau economy in 2020 and is now predicting a 53.5 percent drop in Gross Domestic Product for this year.
In a widely-noted World Economic Outlook report, the International Monetary Fund now projects that Macau’s GDP will fall by 29.6 percent over the course...
Macau’s economy is likely to shrink this year and remain in negative territory until 2022, according to the International Monetary Fund.
The International Monetary Fund (IMF) has praised the government’s attempts to diversify “toward an economic model with less volatile and more sustainable sources of...