People’s Republic of China—Hong Kong Special Administrative Region : 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for People’s Republic of China—Hong Kong Special Administrative Region.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Asia and Pacific Dept.

Series:

IMF Staff Country Reports; Country Report ; No. 2016/017

IMF Staff Country Reports

Language:

English

Subjects (All):

Hong Kong (China)--Economic conditions.

Hong Kong (China).

Physical Description:

1 online resource (71 pages).

Place of Publication:

Washington, D.C. : International Monetary Fund, 2016.

Summary:

This 2015 Article IV Consultation highlights that the growth of Hong Kong Special Administrative Region is expected at 2.25 percent in 2015, with domestic demand acting as the principal source of momentum. Growth is likely to pick up modestly to 2.5 percent in 2016, with a smaller drag from external demand reinforcing resilient domestic demand. Inflation has declined and is expected to remain below 3 percent in 2015–16 on softer commodity prices. The current account has dropped to about 2.5 percent of GDP, but is projected to improve to about 3.5 percent over the medium term as the global economy recovers.

Notes:

Description based on print version record.

ISBN:

9781513507262

1513507265

9781513588018

151358801X

9781513508832

1513508830