Economic forecasts for 2020
TOTAL CONSUMPTION (top) & TOTAL REVENUE (bottom)
November 2020. The Department of Treasury and Finance (DTF) monitors economic conditions in the Victorian economy and prepares forecasts of the main economic indicators of those conditions for the budget year and three ensuing years. The economic forecasts underpin the Government's fiscal outlook presented in the Budget and Budget Update.
WA Economic Profile - October 2020
The Commonwealth Economic and Fiscal Update, July 2020, forecast Australian GDP in real terms to contract by a ¼ of a percentage point in 2019-20, due to an expected sharp fall in the June quarter 2020 of 7 per cent, the largest economic contraction on record for Australia.
[DOCX File]August 2020 Economic and Fiscal Update
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Euro area economic policy 2020 (additional opinion) OPINION. ... The 2020 GDP forecasts vary from a drop of 4.6% in Poland to a decrease of 11.2% in Italy, and the strength of the downturn in 2021 is expected to differ markedly across Member States and regions. Divergences in terms of access and costs of borrowing between Member States and the ...
[DOCX File]Approach - Department of Treasury and Finance
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The WA Government State Budget 2020-21 forecasts Western Australia’s GSP will grow in real terms by 1.25% in 202021 and 2.75% in 2021-22. In real terms, Australia’s GDP fell 0.3% in 2019-20. The Australian Government Budget 2020-21 forecasts Australia’s GDP will contract in real terms by 1.5% in 202021, before rising 4.75% in 2021-22.
US Economic Outlook For 2021 and Beyond - The Balance
Following an expected fall of 4 per cent in 2020, global GDP is forecast to increase by 4¾ per cent in 2021. Nevertheless, economic activity in most major economies is expected to remain below preCOVID19 levels until at least 2022.
[DOCX File]WA Economic Profile and COVID-19 Supplement - Master
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Gross debt was $684.3 billion (34.4 per cent of GDP) at 30 June 2020 and is expected to be $851.9 billion (45.0 per cent of GDP) at 30 June 2021. Net debt is expected to be $488.2 billion (24.6 per cent of GDP) at 30 June 2020 and increase …
Euro area economic policy 2020
The peak in the unemployment rate is expected to be lower than forecast in the July 2020 Economic and Fiscal Update (July Update), reflecting additional Government economic support and recent strongerthanexpected outcomes, with the …
[DOCX File]Part 2: Economic outlook - Budget
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Hence, the economic model adopted by PCBS was used to formulate economic forecasts for the year 2020 in light of the current coronavirus pandemic, the size of the Palestinian economic losses for all gross economic indicators was estimated, based on the base scenario for 2020, which was published at the end of December 2019 (Status quo), which concluded that the …
[DOCX File]Economic and Fiscal Update July 2020 - 2020-21 Budget
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The Australian Government forecasts real GDP to fall 1.5% in 2020-21 and rise 4.75% in 2021-22. 1 Compound annual growth rate. 2 WA Government State Budget 2020-21 (October 2020). Source: ABS 5220.0 State Accounts and 5204.0 National Accounts; WA Government State Budget 2020-21 (October 2020); and Australian Government Budget 2020-21 (October ...
[DOCX File]الفصل الثاني
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Several national economic forecasts came out in the last week. All now show the U.S. economy in recession in 2020 but differ on the length of the recession. A few weeks ago, many were talking about a “V” shaped contraction where the economy shuts down for a period and then bounces back quickly to business as usual.
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