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People's Republic of China-Hong Kong Special Administrative Region [electronic resource] : 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 / International Monetary Fund. Asia and Pacific Dept.

Author/Creator:
International Monetary Fund. Asia and Pacific Department.
Publication:
Washington, D.C. : International Monetary Fund, 2016.
Format/Description:
Government document
Book
1 online resource (70 p.)
Series:
IMF eLibrary
IMF Staff Country Reports
IMF Staff Country Reports
Status/Location:
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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:
Part of the IMF eLibrary collection.
Description based on print version record.
Contributor:
International Monetary Fund. Asia and Pacific Department.
Other format:
Print Version: 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.
ISBN:
1498303838
9781498303835
ISSN:
1934-7685
Publisher Number:
10.5089/9781498303835.002 doi
Access Restriction:
Restricted for use by site license.