Forecast for economy in 2020
[DOCX File]Approach - Department of Treasury and Finance
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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 Budgetand Budget Update.
[DOCX File][chapter title]
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The coronavirus (COVID19) pandemic has resulted in the largest global recession since the Great Depression and is severely affecting the Australian and Victorian economies. In Victoria, employment fell by 180 000 between the March and September quarters 2020, while economic output is forecast to fall by 4.0 per cent in 202021.
[DOCX File]Part 2: Economic outlook | 2020-21 Budget
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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.
Euro area economic policy 2021
The dismal outlook of the Spring 2020 Economic Forecast, according to which in 2020 "the EU has entered the deepest economic recession in its history" has been borne out. The COVID-19 crisis has produced a series of demand- and supply-side shocks that …
[DOCX File]2020-21 Budget - Budget Paper No. 2 - Outcomes Statements ...
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Encouraging a circular economy to better manage our resources ... Forecast 2020-21 Target 3.1 3.5 3.2 % 2016-17 Actual 2017-18 Actual 2018-19 Actual 2019-20 Forecast 2020-21 Target 3.2 3.1 % 2016-17 Actual 2017-18 Actual 2018-19 Actual 2019-20 Forecast 2020-21 Target 3. Note: 2019-20 actual data is not yet available, and an estimate for 2019-20 ...
[DOCX File]2020-21 Budget Paper No. 2 - Outcomes Statement - 08 ...
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A strong, resilient and diverse economy. Driving whole-of-state economic policy and strategy, creating a competitive business and investment environment, supporting and attracting new and expanding businesses to create jobs for the people of NSW, and growing the visitor economy. ... Forecast 2020-21 Forecast 2021-22 Target 0.8 1 ...
[DOCX File]Treasurer’s message - Amazon Simple Storage Service (S3)
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Employment fell by 180 000 between the March and September quarters 2020 and is expected to fall by 3.25 per cent in 2020‑21. The unemployment rate is forecast to peak at 8.25 per cent in the December quarter 2020, and average 7.75 per cent in 2020‑21. Victorian economic forecastS …
FINANCIAL CRISIS 2020
12/27/2018. 12/27/2018. 12/27/2018. FINANCIAL CRISIS 2020 “We are due a recession in 2020 – and the governments will lack the policy tools to manage it” (Nouriel Roubini). Abdulla Hamideh
[DOCX File]Part 1: Overview | 2020-21 Budget
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Real GDP is forecast to fall by 2½ per cent in 2020, compared with a fall of 3¾ per cent forecast in the 202021 Budget. Real GDP is then forecast to grow by 4½ per cent in 2021. An ongoing recovery in consumption and investment will be underpinned by continued improvements in confidence and a further easing of social distancing restrictions.
[DOCX File]www.boi.org.il
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August 24, 2020. Research Department Staff Forecast, August. 20. 20. Abstract. This document presents the macroeconomic staff forecast formulated by the Bank of Israel Research Department in August 2020. The forecast was initially presented to the Monetary Committee on August 12, 2020, prior to the interest rate decision reached on August 24, 2020.
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