the city\u2019s GDP growth for 2021 will be 20.4 per cent<\/strong>. The fund also predicted a consumer price deflation rate of -0.3 per cent.<\/p>\n\n\n\nIn April, the IMF had predicted that Macau\u2019s economy would rebound by 61 per cent this year<\/strong>. However, the city\u2019s economy is heavily dependent on gaming revenue, which has been slow to recover from the Covid-19 pandemic due to ongoing restrictions on travel.<\/p>\n","protected":false},"excerpt":{"rendered":"From October 19, travellers from Macau who want to enter Zhuhai will only have to show a negative Covid-19 test and will no longer be required to quarantine on arrival.<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Zhuhai has eased travel restrictions for Macau residents, eliminating the mandatory 14-day quarantine and requiring only a negative COVID-19 test. Concurrently, Macau's Chief Executive announced relaxed outbound testing requirements. This development follows a significant downgrade by the IMF of Macau's 2021 GDP growth forecast to 20.4% from an earlier 61%, attributing the revision to the slow recovery of gaming revenue due to persistent travel limitations.","focusai_entities":"Ho Iat Seng, International Monetary Fund","focusai_location":"Macau, Zhuhai","focusai_target_profile":"ceo_executive (0.9), regulator (0.8), compliance_legal (0.7), operator_casino (0.95), affiliate_publisher (0.7), marketing_crm (0.85), payments_fraud_aml (0.7), investor_analyst (0.95), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Recovery Outlook","query":"Given the easing of Zhuhai-Macau travel restrictions, what is the revised GGR recovery trajectory for Macau's gaming concessionaires for Q4 2021 and H1 2022, factoring in the IMF's downgraded GDP forecast?"},{"label":"Concessionaire Strategy","query":"How are Macau's integrated resort operators adjusting their capital allocation, marketing spend, and operational staffing models in response to these incremental improvements in cross-border mobility and the updated economic outlook?"}],"footnotes":""},"categories":[16338,156],"tags":[23906],"class_list":["post-23618","post","type-post","status-publish","format-standard","hentry","category-east-asia-news","category-regulation-news","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=23618"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23618\/revisions"}],"predecessor-version":[{"id":23629,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23618\/revisions\/23629"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=23618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=23618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=23618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}