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People’s Republic of China—Hong Kong Special Administrative Region : Staff Report for the 1999 Article IV Consultation Discussions.

IMF eLibrary Available online

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Format:
Book
Government document
Author/Creator:
International Monetary Fund.
Contributor:
International Monetary Fund, Contributor.
Series:
IMF Staff Country Reports; Country Report ; No. 2000/028
IMF Staff Country Reports
Language:
English
Physical Description:
1 online resource (46 pages)
Place of Publication:
Washington, D.C. : International Monetary Fund, 2000.
Language Note:
English
Summary:
The Asian crisis hit the Hong Kong Special Administrative Region (SAR) economy hard in 1998, despite its generally strong fundamentals. In response to the crisis, the authorities eased fiscal policy—within the framework of a medium plan to restore budget balance, and significantly strengthened job creation and retraining efforts. Despite the inevitable pressures arising from declining output and the regional crisis, the financial position of the banking system remains generally strong. Executive Directors strongly supported the authorities' efforts to further strengthen employment and training programs.
Notes:
Bibliographic Level Mode of Issuance: Monograph
Description based on print version record.
ISBN:
9786613868275
9781462314096
1462314090
9781452744421
1452744424
9781283555821
1283555824
9781451881332
1451881339

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