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

International Monetary Fund

No 2016/017, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; HKMA; growth portfolio; portfolio; SAR.; stock index; Mainland market; convertibility undertaking; Hong Kong SAR economy; discount window; Mainland authorities; Loans; Credit; Stock markets; Commercial banks; Global (search for similar items in EconPapers)
Pages: 70
Date: 2016-01-19
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=43629 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2016/017

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().