Economics

Hong Kong Should Boost Spending to Aid Economic Growth, IMF Says

  • Fund sees GDP contracting 1.2% in 2019, then 1% growth in 2020
  • High income inequality, low housing supply may weaken economy
Photographer: Paul Yeung/Bloomberg
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The International Monetary Fund urged Hong Kong’s government to boost spending to support the territory’s convulsing economy, citing a range of risks from trade tensions to political unrest.