Monetary Authority of Macao - Annual Report 2004

The Monetary Authority of Macao has published its Annual Report for the year ended 2004. During the five years since the return of sovereignty Macao has adopted a series of effective measures for economic reform and stimulating economic growth, the report said.

"A strong rising trend was observed in the economy which was signified by high growth, low unemployment and low inflation. The real gross domestic product (GDP) growth for 2004 was 28.0% while the unemployment rate dropped to 4.1% at the

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