Macao's economy expected to stabilize, make progress this year: senior official


  • World
  • Friday, 08 Jan 2021

MACAO, Jan. 7 (Xinhua) -- Economy of the Macao Special Administrative Region (SAR) is expected to stabilize and make progress this year, a senior official said here on Thursday.

The gross revenue for Macao's gaming industry is expected to be 130 billion patacas (about 16.3 billion U.S. dollars) in 2021, said Lei Wai Nong, secretary for economy and finance of the Macao SAR government.

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