Tag: acknowledges

Hong Kong – IMF acknowledges Hong Kong’s strong economic recovery and stability of its financial system

IMF acknowledges Hong Kong’s strong economic recovery and stability of its financial system ******************************************************************************************      The International Monetary Fund (IMF) released a Staff Report today (March 8) which, substantiated by a more detailed analysis, reinforces its assessment of Hong Kong’s economic and financial positions published on January 20, 2022, following the conclusion of the 2022 Article IV Consultation.        Reaffirming Hong Kong’s position as a major global financial centre with a resilient financial system, sound macroprudential policies, and robust regulatory and supervisory frameworks, the IMF recognises that Hong Kong’s financial sector has continued expanding robustly, even during the ... Read more