81 “... of observables as well as the set of estimated parameter values could be extended, paying close attention...”

82 “... in 2022, backed by its well-diversified economy, sound policy frameworks, and commodity exporter status...”

83 “... supply and high income inequality. Hong Kong SAR is well placed to address both cyclical and structural...”

84 “... social distancing measures. The authorities are taking proactive, well-targeted measures to address...”

85 “... and well-targeted support to the most vulnerable households and businesses, while maintaining high...”

86 “... reforms. The strategy should contain new revenue mobilization policies, including a well-designed income...”

87 “... requires a well-functioning interest rate framework that reduces volatility in short-term interest rates...”

88 “... well. Growth has remained solid, inflation is in mid-single digits, and the current account deficit has...”

89 “... by strong second-round effects, the need to phase out subsidies, and less well-anchored inflation...”

90 “... manageable given significant buffers. A sharper-than-expected global growth slowdown as well as escalation...”

91 “... slowdown and the property sector, as well as spillovers from shocks in the Mainland and Hong Kong SAR...”

92 “... continues to perform well. Despite the slow pace of the global recovery and a gradual decline in domestic...”

93