Coronavirus recovery: invest rainy day savings to boost Hong Kong’s economy (Bruegel)

The Hong Kong government might want to consider diversifying its economy by using part of the savings earmarked for rainy days. Beyond cushioning the negative impact of Covid-19 on SMEs and households, it is one more reason to spend.

https://www.bruegel.org/2020/08/coronavirus-recovery-invest-rainy-day-savings-to-boost-hong-kongs-economy/

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