Imf Article Iv Hong Kong 2017
article kong wallpaperThe recovery is now under way fueled by growth on the Mainland supportive policies and accommodative monetary conditions imported from the United States. These FSAP assessments are now formally part of IMF Article IV consultations.
The sharp exchange rate depreciation in late 2015 and early 2016 triggered a surge in consumer prices but inflation has.
Imf article iv hong kong 2017. Missions are undertaken as part of regular usually annual consultations under Article IV of the IMFs Articles of Agreement in the context of a request to use IMF resources borrow from the IMF as part of discussions of staff monitored programs or as part of other staff monitoring of economic developments. IMF Executive Board Concludes 2016 Article IV Consultation Discussions with Peoples Republic of ChinaHong Kong Special Administrative Region. On January 10 2018 the Executive Board of the International Monetary Fund IMF concluded the Article IV consultation discussions 1 with Hong Kong Special Administrative Region SAR.
The last Article IV Executive Board Consultation was on December 13 2019. 2017 Article IV Consultation-Press Release. Directors commended the substantial progress in implementing the 2014 FSAP recommendations in addition to the continued efforts to strengthen the regulatory and supervisory framework for financial stability.
2019 Article IV Consultation Discussions-Press Release. The assessment was made in the Concluding Statement of the IMF Mission published on December 7 following the 2016 Article IV Consultation with the HKSAR. The next FSAP for Hong Kong SAR is scheduled for 2019.
The report highlights that the banking sector is well-capitalized and highly profitable partly owing to high concentration and pricing power including sizable fees for financial services. Yes 2012 7. Yes 2010 7.
A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit or mission in most cases to a member country. The full report of the Article IV consultation will be discussed by the IMF Executive Board in January 2018. IMF published staff report and selected issues report in context of the 2017 Article IV consultation with Peoples Republic of ChinaHong Kong Special Administrative Region SAR.
IMF published its staff report and selected issues report in the context of 2017 Article IV consultation with Norway. Peoples Republic of China-Hong Kong Special Administrative Region. On January 6 2017 the Executive Board of the International Monetary Fund IMF concluded the Article IV consultation discussions 1 with Hong Kong Special Administrative Region SAR and considered and endorsed the staff appraisal without a meeting on a lapse-of-time basis.
Peoples Republic of China-Hong Kong Special Administrative Region. The IMF notes that Hong Kongs economy benefited from a strong cyclical upswing in 2017 and the momentum continued through the first half of 2018. The assessment highlights that significant policy actions have been taken to address financial stability risks.
The Mission visited Hong Kong from October 23 to November 3 for the 2017 Article IV Consultation with the HKSAR. The Mission visited Hong Kong from October 23 to November 3 for the 2017 Article IV Consultation with the HKSAR. Listed below are items related to Peoples Republic of China Hong Kong Special Administrative Region.
This 2017 Article IV Consultation highlights growth in Kazakhstan expected to strengthen to 25 percent in 2017 after a slowdown in 2016 reflecting higher oil production and the effect of substantial fiscal stimulus spending. This 2009 Article IV Consultation highlights that Hong Kong Special Administrative Regions economy was severely affected by the global financial crisis. IMF published its staff report in the context of the 2017 Article IV Consultation with South Africa.
It held discussions with Government officials regulators and private sector representatives. Appendix IV details the 2014 FSAP recommendations and their implementation status while Appendix VI discusses the stats of the key recommendations of the 2017 Article IV consultation. Economic activity in Hong Kong SAR has gained momentum since the second half of 2016 amid robust domestic demand and recovering external.
She participated in the EFF-supported program with Mongolia and the Article IV consultation with Korea. Indonesia Saudi Arabia and South Africa. Despite the steepness of the downturn in early 2009 job losses have been relatively.
The Concluding Statement is attached at the Annex. IMF Executive Board Concludes 2017 Article IV Consultation Discussions with Peoples Republic of ChinaHong Kong Special Administrative Region. Staff Statement and Statement by the Executive Director for the Peoples Republic of China-Hong Kong Special Administrative Region.
Rui Xu is an economist at the IMFs Asia Pacific Department working on Japan and Lao PDRPreviously she worked at the IMFs Institute for Capacity Development delivering training to authorities in Vienna and Kuwait. The Mission forecast Hong Kongs real GDP growth to be around 15 per cent in 2016 with consumption being supported by a resilient labor market and the global economy slowly picking up. It held discussions with Government officials regulators and private sector representatives.
Despite increasing near-term risks owing to trade tensions and tighter global financial conditions many years of prudent macroeconomic policies have endowed Hong Kong with ample buffers for smoothening the transition and ensuring continued stability. Statement by the Executive Director for Peoples Republic of ChinaHong Kong Special Administrative Region. On January 6 2017 the Executive Board of the International Monetary Fund IMF concluded the Article IV consultation discussions 1 with Hong Kong Special Administrative Region SAR and considered and endorsed the staff appraisal without a meeting on a lapse-of-time basis.