Part 2: Economic outlook - Budget

In calendar-year terms, real GDP is forecast to fall by 3¾ per cent in 2020, before increasing by 2½ per cent in 2021. The economy is forecast to recover faster than in past recessions due to the unwinding of restrictions, but it will be a long road back. The unemployment rate will remain elevated for some time. The economic and fiscal outlook remains highly uncertain. The Government will ... ................
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