Australia: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Australia
Author | : International Monetary Fund. Asia and Pacific Dept |
Publisher | : International Monetary Fund |
Total Pages | : 84 |
Release | : 2021-12-06 |
ISBN-10 | : 9781616355081 |
ISBN-13 | : 1616355085 |
Rating | : 4/5 (81 Downloads) |
Download or read book Australia: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Australia written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2021-12-06 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strong health and economic policies allowed for quick economic recovery from initial COVID-19-related lockdowns in 2020. Renewed outbreaks and lockdowns have created setbacks since mid-2021, with disproportionate impacts on some regions, sectors, and workers. Accommodative macroeconomic policies have been instrumental in cushioning the economic impact.