Local economy to face many uncertainties in 2021 – Macau Economic Association


Source: macaubusiness.com macaubusiness.com

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Local economy to face many uncertainties in 2021 – Macau Economic Association By Nelson Moura The Macau Economic Association believes that the local Gross Domestic Product (GDP) will grow by 40 to 50 per cent in 2021, but warned that economic recovery still faces many uncertainties as travel restrictions continue to impact the local tourism and gaming sector. On November 8 the think tank presented two research reports, namely the Research on the Construction of People’s Livelihood in Macau in a New Era’ and ‘Research on the Appropriate Diversified Economic Development of Macau during the 14th Five-Year Plan Period’. According...