The University of Macau (UM) forecast yesterday that Macau’s economy will shrink 3.7% this year.
Department of Economics
The first phase of the Macau Economic Database project by the University of Macau’s (UM) Centre for Macau Studies (CMS) and Department of Economics completed its first phase.
Macau’s economy will shrink 0.8% this year and 0.9% next year.