Part 2: Economic outlook | 2020-21 Budget

The initial economic recovery has been stronger than was expected in the 202021 Budget. Following a fall in real GDP of 2½ per cent in 2020, the economy is expected to grow by 4½ per cent in 2021. In financialyear terms, real GDP is now expected to grow by ¾ per cent in 202021 before further recovering in 202122 to grow by 3½ per cent. ................
................