The University of Macau (UM) Centre for Macau Studies (CMS) and Department of Economics have released the “Macroeconomic Forecast for Macau 2023”, estimating that the local economy will grow between 20.5% and 44.1%; exports of services will grow between 35.2% and 82.8%; and the final revenue of the Macau SAR government will remain at around MOP 55.4 billion to MOP 66.1 billion, in 2023. Macau’s economic recovery is also expected to be more obvious, especially in the second half of the year.
Source and Photo: UM
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