China News Agency, Macau, February 22. The Macau Monetary Authority announced on the 22nd that by the end of 2022, the capital of the financial reserves of the Macau Special Administrative Region will be 557.97 billion yuan (MOP, the same below), of which the basic reserves and excess reserves are respectively 185.13 billion yuan and 372.84 billion yuan.
According to reports, the financial reserves of the Macao SAR in 2022 will be dragged down by negative factors such as the geopolitical crisis, the blockage of the global supply chain by the epidemic, and the major central banks’ sharp interest rate hikes. The book loss for the year will be 20.75 billion yuan, and the annual return rate will be -3.4%. .
Still significantly outperforming the market benchmark overall.
In the first five years, that is, from 2017 to 2021, the Treasury recorded a total book profit of 95.18 billion yuan.
Looking forward to 2023, international organizations predict that global economic growth will continue to slow down.
At present, inflation is still high, and the central bank’s actions to tighten monetary policy will continue. In addition, the geopolitical crisis has not yet eased, and financial asset prices may continue to fluctuate sharply, posing a great challenge to investment deployment.
In the complex and ever-changing market environment, the fiscal reserves of the Macao Special Administrative Region will maintain a relatively high proportion of low-risk assets. At the same time, they will pay close attention to trends in the global economy and financial markets, deploy prudently and dynamically adjust allocations, and balance risks and returns to achieve financial results. The goal of medium and long-term value preservation and appreciation.
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