IMF Calls Australian Economy a ‘Success Story’

IMF Calls Australian Economy a ‘Success Story’
People are seen exercising along the Milsons Point boardwalk in Sydney, Australia on July 16, 2021. Lisa Maree Williams/Getty Images
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The International Monetary Fund Mission Chief of Australia has said the Australian economy remains a global “success story” despite the recent setbacks from widespread lockdowns.

Based in Washington D.C., Harald Finger told The Australian that he expected a contraction in the September quarter. But he believed it would be quickly followed by a “quick bounce-back” once restrictions were over.